Inventory Component Definitions
What is the frequency and time buckets?
Monthly and monthly buckets
AITS Touchless Adherence Target
>= 85%
System used for Finished Product Safety Target Setting
AITS
The current global standard tool for recommending Safety Stock Level for raw/pack materials to minimize the cash and providing the right service
PRIMA
At how many DFC does Excess UPI begin?
Greater than 91
Why do we perform RCCPs?
To ensure we have enough capacity to support demand + variability
Location where OU stores UPI goals
Inventory Management (index for IM)
PowerBI App for calculating inventory components
ISC
Safety stock increases exponentially as 100% service is approached. There are 2 service targets used to determine safety:
Customer Fill Rate (TOF) and Interplant Fill Rate (IOT)
Total NA Inventory $ (Within $0.2 Billion)
$3.0 Billion
Below the Line (BTL) requirements
Any requirements not yest flowing in our planning systems
SAFE (MAGICs) Disposition Timing for NPI Inventory (Days)
90 Days Evaluation + 90 Days Execution (Disposal) And 180 Days Total
Interactive website for assigning owners and actioning UPI/NPI
UPI Portal
Ratio of availability to requirements (not modelled in AITS)
C : D
Stock in Transit is always at the ______ location
Destination
Who performs RCCPs?
Category Supply Planning (CSP) and/or Supply Chain Leader (SCL)
ALE (UPI) Action Plan %
80% of ALE$ needs documented action plan
Webapp developed to make overrides or changes easier in AITS
ITS Hub
3 Components of Effective Error (major drivers of safety reco)
Demand Forecast (SDFE), Manufacturing (SDME), and Transportation (SDTE).
NPI Disposal Methods (4)
Scrap, Donate, Secondary Sales, Remnant, Alt Use
What are some mitigation plans to reduce capacity risks?
Offload to another line/site, pre-build, add overtime
IWL Matlocs Above and Below (%)
<10% Above and <5% Below
New Webapp for Inventory Disposition Creation, Approval and Booking
ScrApp
AITS is a ____ solver, meaning safety is calculated for the Supply Network for each location over the total ____
Multi-echelon,
Lead Time
Inventory component with the most letters in its name (not Total Plant Stock)
Parameter Driven Cycle