By Donald H Sheldon
This publication is a step by step consultant to attaining stock list accuracy in a producing, retail, or distribution facility. beginning at day one, Sheldon outlines the required parts of technique and self-discipline invaluable for reliable sustainable strategy. the result's 95+% ideal stock balances in one hundred twenty days with minimum cycle counting required for on-going upkeep. The publication comprises designated aids resembling Gantt charts, cycle count number technique parameters, and method social gathering issues.
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Additional resources for Achieving Inventory Accuracy: A Guide to Sustainable Class a Excellence in 120 Days
One manager in Holyoke, Massachusetts, had all of the warehouse team sign a football at this meeting. He declared that the touchdown scored by achieving 95 percent inventory balance accuracy would go a long way to help the entire company win the Super Bowl, which was how he described becoming the low-cost producer in their market. This was very effective packaging. It added a flavor of excitement that kept the attention of the attendees. Fewer words were missed and the point was made effectively.
In some organizations, the of steering committee to review materials manager might also be progress. They can carry water as involved as the sponsor. Top mannecessary — lots of it! agement would still be involved. Some groups have developed a steering committee to engage them. Just make sure they are part of the process. These roles are important. It is up to the management champion of the inventory accuracy initiative (the top operations manager in the facility) to charge the group 18 Achieving Inventory Accuracy Management Sponsor Core Team — Three to Seven Members from Areas with Transaction Responsibility Maintenance Support as Needed IT Support as Needed Materials Support as Needed Figure 3-1.
If scrap or substitutions are not reported accurately and in a timely manner, backflushing will lead to inaccuracies in balances. If the BOM has the wrong part number called out in its component list or the quantity required on the BOM is inaccurate, the backflushing transaction will result in continually inaccurate inventory records. The need for periodic physical inventories can never be eliminated when these variations occur. Now that I have bad-mouthed backflushing thoroughly, it needs to be said that backflushing is used somewhere in almost every manufacturing business.