Costing by Excel<br />Conclusion<br />
Focus on operation<br />Forget about financial calculation of inventory turn.  Only forward-looking counts.<br />Strike a ...
Connotation<br />Sharing of information<br />Not only a model for MRP but also for asset management<br />Use the same meas...
There is no perfect state<br />Target inventory weeks needs to be set in concerted effort<br />Target inventory weeks can ...
Next Project<br />Availability of raw materials affect production schedule<br />Change of production schedule in turn affe...
dicklam128@hotmail.comhttp://dicklam128.wordpress.com<br />
Upcoming SlideShare
Loading in …5
×

Costing By Excel Conclusion - Jan 2010

469 views

Published on

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
469
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
13
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Costing By Excel Conclusion - Jan 2010

  1. 1. Costing by Excel<br />Conclusion<br />
  2. 2. Focus on operation<br />Forget about financial calculation of inventory turn. Only forward-looking counts.<br />Strike a balance between operation and financial burden<br />Work on both customer & supplier side<br />Determine the visibility of inventory model – how many weeks to look after?<br />
  3. 3. Connotation<br />Sharing of information<br />Not only a model for MRP but also for asset management<br />Use the same measurement for inventory management<br />Decision factor for best inventory level<br />Target inventory weeks<br />Alert for excessive inventory<br />Alert for loss of sales – order fulfillment<br />Alert for obsolete inventory<br />
  4. 4. There is no perfect state<br />Target inventory weeks needs to be set in concerted effort<br />Target inventory weeks can be different for different categories of materials<br />Maximization subject to constraint<br />Define availability of materials<br />Define the focus of work<br />Re-define workflow of planning & ordering<br />Planning vs. Ordering<br />
  5. 5. Next Project<br />Availability of raw materials affect production schedule<br />Change of production schedule in turn affect materials requirement<br />
  6. 6. dicklam128@hotmail.comhttp://dicklam128.wordpress.com<br />

×