CPIM Module 6: Inventory Section A: Inventory Planning

1. Purpose and Goals of Inventory
1. Minimizing Inventory Investment
1. Internal
2. External
3. Supply Chain and Lean Perspective
2. Maximizing Manufacturing Efficiency
2. Inventory Types and Classifications
1. Inventory in the Supply Chain
2. Inventory Functions
3. Inventory Over Time
1. Operating Inventory
2. Excess Inventory
3. Inactive Inventory
4. Obsolete Inventory
5. Scrap
4. Inventory in the Service Industry
5. Goods and Service Exercise
3. Inventory Policy
1. Negotiating Tradeoff in Competing Views
2. Impact of Sourcing Risk On Inventory Planning
1. STEEPLE
2. Sourcing Risks can not be offset, inherent risks (theft, damage, obsolete, etc)
3. Best Practice is to prioritize safety stock for critical inventory and develop resilient in supply chain to manage residual risks.
3. ABC Inventory Control
4. Possible Impacts of ABC Classification
5. ABC Inventory Control Steps (Annual Dollar Usage)
6. ABC Inventory Ranked By Annual Dollar Usage
7. Cumulative Percent of Dollar Usage
8. ABC Classification Exercise
9. Inventory that Require of Special Handling