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Stock Level Change Request
Stock Level Change Request
OLD SHORT ITEM USAGE CURRENT LEVEL PROPOSED LEVEL MOV. AVG. PRICE
MATERIAL NO. DESCRIPTION M/Y Qty MIN MAX MIN MAX SR
Oct-16 68
Nov-16 33
Jan-17 247
GLOVES, CHEMICAL:
MNFR: MAGID GLOVE AND SAFETY MANUFACTURING Feb-17 62
480800 48 60 72 120 0.62
COMPANY, Mar-17 29
LLC MNFR PART NO: JDW150-10
Apr-17 60
May-17 120
Jun-17 60
OPTION 1 COMPUTATION: Average Yearly Consumption X Lead Time / 365 Days = x 1.5 =
OPTION 3 6
Justification: The current minimum and maximum levels are not keeping up with the demand for the gloves and we can not keep them in stock. This increase should allow
us to maintain stock levels. This will be a $37.20 increase to store stock.
Inventory Recommendation:
ENTORY MANAGEMENT
INVENTORY MANAGEMENT
NOTE: PLEASE RETURN TO INVENTORY MANAGEMENT WITH YOUR COMMENTS WITHIN ONE WEEK