Stock Level Change Request
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 9
Nov-16 13
GLOVES, CHEMICAL: TYPE SMOOTH PATTERN, COMMERCIAL Dec-16 36
SIZE SIZE 9, LENGTH 8.5 IN, CUFF TYPE KNIT WRIST, Jan-17 35
477681 MATERIAL FOAM NITRILE, POLYURETHANE PALM COATED, 48 60 72 120 1.63
COLOR GRAY, MNFR: MAGIDGLOVE AND SAFETY Feb-17 68
MANUFACTURING COMPANY, LLC MNFR Mar-17 40
Apr-17 7
May-17 41
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 result in a $97.80 increase to maximum store stock.
Inventory Recommendation:
ENTORY MANAGEMENT
INVENTORY MANAGEMENT
NOTE: PLEASE RETURN TO INVENTORY MANAGEMENT WITH YOUR COMMENTS WITHIN ONE WEEK