Inventory Component Definitions
Anticipation
Inventory for new initiatives before customer shipments begin
NPI % at CRN (Red + Orange)
4% (2% Red + 2% Orange)
System used for Finished Product Safety Target Setting
AITS
Supply Chain Uncertainty: The combined errors in demand forecast (SDFE), manufacturing (SDME), and transportation (SDTE).
One of the major drivers of increased safety stock recommendations.
At how many DFC does Excess UPI begin?
Greater than 91
Red
Blocked Inventory (damaged, off quality, past SSD, etc.)
ALE % (Amber + Excess + Launch Excess)
6.5% (1% Amber + 5% Excess + 0.5% Launch Excess)
PowerBI App for calculating inventory components
ISC
Safety stock increases exponentially as 100% __ is approached
Fill Rate (TOF, Interplant Fill Rate)
Total NA Inventory $ (Within $0.2 Billion)
$2.9 Billion
Safety
Intended to Cover Variability (Can be Productive or Situational)
SAFE (MAGICs) Disposition Timing for NPI Inventory (Days)
90 Days Evaluation + 90 Days Disposal
Interactive website for assigning owners and actioning UPI/NPI
UPI Portal
__ determines how fast a location can react to demand
Lead Time
Stock in Transit is always at the ______ location
Destination
Cycle
"Expected" Inventory driven by planning parameters
ALE (UPI) Action Plan %
80% of ALE$ needs documented action plan
Webapp developed to make overrides or changes easier in AITS
ITS Hub
Ratio of availability to requirements (not modelled in AITS)
C : D
NPI Disposal Methods (4)
Scrap, Donate, Garp, Remnant, Alt Use
Amber
Forecast ending in next 26 weeks (orange prevention) or Approaching SSD (red prevention) and will not be consumed
IWL Matlocs Above and Below (%)
<10% Above and <5% Below
New Webapp for Inventory Disposition Creation, Approval and Booking
ScrApp
I am the maximum value of the lot size key and minimum batch size. Increasing me drives safety down, but results in higher overall inventory.
Cycle Days
Inventory component with the most letters in its name
Parameter Driven Cycle