Strategic logistics planning

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    IMPACT OF THE INVENTORY POLICY

    For the commercial part, the rotation of an item can be established in the sales volume, while determining the position of the recipients, setting a strategy or inventory policy, the mode of operation, the technologies that are used and investment levels. The entire article of high rotation is exposed to a stock break, to reduce the risk, it is possible to assign an additional level of security, which allows to absorb the deviation of the demand, the replacement time and the processes.

    INTERPRET THE RELEVANCE

    The toy industry, the most significant in seasonal cycles, stabilizes its coverage levels to respond to increases in demand in the last quarter of the year, determining a valid reason to increase inventory. However, the commercialization companies are the most vulnerable to the obsolescence of the merchandise, with the relevance of the management of the inventory starting from the life cycle, the functionally obsolete, they are still useful, but with low probability of sale, that is why an increase would reflect an inadequate interpretation of the categorization tools.  The generic parameters of inventory management (rotation and investment) condition the levels of availability and frequency of supply, while decomposing the inventory into subcategories, the field of action for decision making is broadened when considering the function and importance that these have. Within the supply chain, the rotation area does not depend on the rotation, but it is the responsibility of concentrating and anticipating the variations of each item, which determine the strategy to be used for the correct period and quantity in the supply.
    In general, many supply chains carry out their operations by neglecting the financial part of the company, using «common sense» criteria as simple as matching coverage for all items at all storage or sales points, as well as using formulas without understanding the existing relationships between their variables, parameters and performance measures, concentrating in sales branches a high level of availability focused on the customer, leaving over stock in some branches and breaks in others, thus causing additional costs for transfers and storage.

     

    DEVELOPMENT

    The formulas that are currently used to plan stocks have been used for several decades, however, nowadays other factors such as indicators are included, in relation to logistics we can define the indicators as qualitative and qualitative data that allow us to make decisions, they serve to measure, for example, the sales of a specific place or region.

    As in any decision process, the key lies in knowing how to extract the right data to assemble indicators to make decisions, in general, all information systems have data, but not all people know how to take advantage of these

    A very common data that participates in any analysis, is the date, even the time of a record adds points to the analysis, a date can tell us, the day of the week, the name of the day, the number of the week of the year, to which quarter corresponds, on the other hand, the hours can indicate a weekly or quarterly peak.

    Case study:

    The head of a hospitals laundry should plan the production, storage and delivery of bedding, for it would be ideal to know the discharge schedule of patients, perhaps think about consulting the nursing staff, but a more accurate data would be » ask the computer «, if you know the most popular time of discharge, you could schedule the production of the laundry and determine the stock and delivery time, but with that data is not enough, you may know the most popular time, but the emergency sector that was included in the query registers many attentions, these records can hinder the interpretation of the general data and therefore can make an erroneous planning, for that reason it is important to categorize and classify the data, example: sectors, schedules, type of patients (elderly, young). It is known that 80% of the patients are discharged at 12 oclock, on Wednesdays and Fridays there is 20% more patients than the rest of the working days, the thirdand  fourth trimesters register 30% more patients regarding the first  and second  trimester In summary, this information is expressing that holiday licenses should be minimized or avoided between the months of July and December, which would have to organize the delivery of garments before 12 oclock, that perhaps more garments would have to be delivered in those areas they have more elderly patients and that on Thursdays and Saturdays they will have more dirty clothes to wash than the rest of the days of the week.