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As you consider your SMART goals, recall the critical inventory control points: Accurate forecasting of future volume. Analysis of consumption with efforts to minimize theft
As you consider your SMART goals, recall the critical inventory control points: Accurate forecasting of future volume. Analysis of consumption with efforts to minimize theft and waste. Establishement of reorder points for each item. Well organized visually optimized secure storage areas with limited access (Lean 5S) An Excel template with the inventory data necessary for you to complete your analysis has been prepared for you. You will complete your analysis on this template, and then include a summary table in the analysis memo you send to senior management
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