Khaleal Patel

Project 1 · Inventory control

Inventory Optimizer

A UK gift wholesaler's 60 busiest items, one year of real weekly demand. Before: reorder 4 weeks of stock whenever the shelf is empty. After: order the EOQ when stock on hand plus on order falls to the reorder point.

Carrying cost / yr

$15.1k$30.9k

Ordering $30.8k$19.7k. Lost margin $135.4k$7k.

Stockout weeks

60532

SKU-weeks with demand left unfilled, all 60 SKUs.

Fill rate after

99.1%

Share of units demanded that shipped. Was 79.8%.

95%
2 weeks

Fixed inputs: order cost $50, holding cost 25% of unit cost per year, z = 1.65. Unit cost is 60% of median selling price. Prices are the dataset's pounds read as dollars.

On hand by week: 85123A

white hanging heart t-light holder · EOQ 2,973 · safety stock 1,823 · carrying $1,050$1,766 · stockout weeks 8 0

All 60 SKUs

Tap a row to chart it. Tap a header to sort.

Inventory policy by SKU. Stockouts and carrying cost show before, then after.
22197popcorn holder49,434$0.516,2274,2392,357110$385$753
85099Bjumbo bag red retrospot43,941$1.253,7502,6811,155120$793$1,000
85123Awhite hanging heart t-light holder39,101$1.772,9733,2821,82380$1,050$1,766
84879assorted colour bird ornament32,771$1.013,6032,5311,311110$444$863
21212pack of 72 retrospot cake cases24,526$0.335,4531,57777880$129$324
22178victorian glass hanging t-light23,313$0.753,5271,505664101$249$494
21977pack of 60 pink paisley cake cases20,072$0.334,9331,6881,06180$97$321
22386jumbo bag pink polkadot19,447$1.252,4951,276598100$357$599
84946antique silver t-light glass18,831$0.753,1701,333642101$212$438
22469heart of wicker small17,899$0.992,6901,469869112$255$501
23203jumbo bag vintage doily17,557$1.252,3711,51289491$329$596
22086paper chain kit 50's christmas17,133$1.771,9681,9671,31082$805$1,365

What I'd tell the ops manager

[OWNER WRITES 300 WORDS]

Letter PDF with the current settings.