by Don Johnston | Sep 12, 2021 | Announcements, Inventory Strategist
This is my first post for some time. That is because I have been concentrating of developing open source software to facilitate improvement of inventory management. Facilities currently available include ABC analysis, service level measurement, ascertaining the scope...
by Don Johnston | Nov 26, 2018 | Announcements, SIMS
Open source service level measurement software is now available. For details, click on the “SIMS” tab. For information about the technique which the software uses to measure overall service level, see my article on that subject.
by Don Johnston | Nov 25, 2018 | Announcements, Inventory Management Basics
I will consider two definitions of service level. One is the probability that the next customer demand will be supplied immediately off the shelf. This definition is often used in theoretical work. It is applicable to both individual items (products) and the entire...
by Don Johnston | Nov 3, 2018 | Announcements, Inventory Management Basics, SIMS
Open source ABC analysis software is now available. For details, click on the “SIMS” tab. For information about ABC analysis, see my article on that subject.
by Don Johnston | Jan 3, 2018 | Uncategorized
The technique described here is called “exponential smoothing”. It is a simple method of updating an average as new data becomes available. It is the basis of most techniques used for forecasting customer demands. It was discussed briefly in the article entitled...
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