The big picture - what happens during processing

This video dives deeper into the processing section of the big picture video, describing:

  • Critical data such as the stocking indicator and lead time
  • Obsolete, non-stocked and stocked items
  • Classification of your stocked items, by value and velocity
  • Using the matrix to set macro inventory policy
  • Generation of demand forecasts
  • Manual forecast overrides
  • Computing ideal inventory levels
  • Testing your current stock levels against these ideal levels, to:
    • Highlight key inventory exceptions
    • Recommend ideal orders