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Inventory

10
Sep
Weeks of Cover: The Simplest Inventory Metric You're Probably Using Wrong

Weeks of Cover: The Simplest Inventory Metric You're Probably Using Wrong

Weeks of cover is one of the first metrics anyone learns in inventory planning, and one of the most commonly misused. The calculation is simple. The judgement around it is where most people go wrong.
3 min read
10
Sep
Safety Stock Explained Without the Textbook Nonsense

Safety Stock Explained Without the Textbook Nonsense

Safety stock exists because you're wrong. Your customer won't buy exactly what you forecast. Your supplier won't always deliver exactly when they promised. Production won't always make exactly what was scheduled. Safety stock is inventory you deliberately hold to absorb some of that uncertainty.
3 min read