Inventory Activity Profiling

Inventory activity profiling (and data mining) is the process of collecting, presenting, and interpreting information pertaining to on-hand inventory(1) the most common inventory reference (2) the number of units of inventory physically on-hand in storage. The goal of inventory activity profiling is to identify opportunities to reduce inventory and increase service at the same time. Inventory activity profiles include:

• SKUStock Keeping Unit - a number or set of alpha numeric characters that reference a unique part or item, sometimes called a part number On-Hand Inventory Profiling

• SKUStock Keeping Unit - a number or set of alpha numeric characters that reference a unique part or item, sometimes called a part number Popularity Class On-Hand Inventory Profiling

• SKUStock Keeping Unit - a number or set of alpha numeric characters that reference a unique part or item, sometimes called a part number Age On-Hand Inventory Profiling

• SKUStock Keeping Unit - a number or set of alpha numeric characters that reference a unique part or item, sometimes called a part number Status On-Hand Inventory Profiling

• Warehouse Location Inventory Profiling

• Customer Location Inventory Profiling

• Supplier Inventory Profiling

• In-Transit Inventory Profiling

• Troubled SKUs Reporting

• Demand Variability Profiling

• Forecast Biasthe degree to which a forecast process tends to under or over-estimate the future (e.g. sandbagging is a term referencing the tendency to under estimate demand) Profiling

• Run and Purchase Quantity Profiling

• Leadtime Variability

• Leadtime