Saturday, January 23, 2010

Otif, On Time In Full. What Are The Best Performance Indicator For A Vendor Managed Inventory? Days On Hand, OTIF? Other?

What are the best performance indicator for a vendor managed inventory? Days on hand, OTIF? Other? - otif, on time in full.

I would say:
a) Daily avoid the hand (to play with excess inventory) - I also agree that the payment conditions, if the entire stock has more than x days, it may play a cash advantage in the For Providers "with your inventory
b) outside of reservations: sum (as any missing element x days, that was the problem disappeared>) / (x 30 days total) - what the lack of measurement of values - do not forget to include in the protocol is "measure" everything , which does not meet quality standards are also counted as missing since the day he arrived at his premises

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