Track and analyze key inventory metrics across automotive parts categories, focusing on inventory turnover, stock levels, and supplier performance to optimize supply chain operations and prevent production disruptions.
Monitor and evaluate monthly parts inventory performance across all categories, analyzing stock levels, turnover rates, and supplier reliability to ensure optimal inventory management while minimizing both stockouts and excess inventory costs.
Line chart showing inventory value trends with overlay of inventory turnover ratio
Questions to Consider:
How has total inventory value trended over the past 12 months?
Is the inventory turnover ratio improving or declining?
Are there seasonal patterns in inventory levels that need to be addressed?
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Bar chart showing days of inventory by part category
Questions to Consider:
Which categories have excessive or insufficient inventory levels?
How does inventory value distribution align with criticality of parts?
Are there opportunities for inventory optimization in specific categories?
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Line chart tracking supplier on-time delivery and quality acceptance rates
Questions to Consider:
How reliable are our suppliers in terms of delivery and quality?
Are there concerning trends in supplier performance?
What impact do supplier issues have on inventory levels?
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Analyze correlation between supplier performance and stock-out rates
Review safety stock levels for critical components
Evaluate opportunities for vendor-managed inventory programs
Assess impact of lead time variations on inventory levels
Investigate potential for implementing just-in-time delivery for suitable categories
Review inventory aging and obsolescence risks
Analyze demand forecasting accuracy by part category
Evaluate opportunities for cross-location inventory optimization