Inventory Plan Toolkit

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Be accountable for collaborating with a team of Planning and Supply Chain Solution Architects to build an End To End Planning strategy and Architecture in partnership with Line Planning and Merchandising, Demand Planning, Supply, Material and Inventory Planning business and technical specialists.

More Uses of the Inventory Plan Toolkit:

  • Control: continually evaluate the Inventory Planning and materials control process, methodologies and system tools to drive Process Improvements where appropriate.

  • Drive process efficiencies and reporting capabilities that support increased responsiveness to opportunities and threats to KPIs for fulfillment and Inventory Planning.

  • Assure your venture provides analysis as it pertains to top retail accounts for pre demand meetings with Product Management, Sales Operations and Inventory Planning.

  • Collaborate with the Demand Planning, Inventory Planning and Supply Planning teams on next generation reporting and analysis.

  • Apply the static budget variance model, top down budgeting method, target costing method, and Activity Based Costing method to generate the cost variance report and budget to inform management decisions related to manufacturing and Inventory Planning.

  • Evaluate: Inventory Planning, cycle counts, purchasing, warehousing, Inventory Control, material handling, distribution.

  • Assure your enterprise leads Inventory Planning and coordinates replenishment in support of finished goods production.

  • Ensure effective Supply Planning and replenishment modelling and translate into an agreed Inventory Plan.

  • Manage work with management and Inventory Planners to develop Safety Stock and inventory strategies for assigned products.

  • Coordinate physical inventories, cycle counting, surplus obsolete, engineering changes, cancellation activities, projected usage and other Inventory Planning/and reduction activities.

  • Lead planning for Inventory Plans in coordination with plant material teams and provide counsel on market dynamics affecting decisions on Inventory Management and planning levels.

  • Manage work with Inventory Planning team to develop buffer strategies at finished goods and component level.

  • Support periodic inventory review with local Leadership Teams to drive accountability in inventory actions and Manage Risks in Inventory Planning assumptions.

  • Capture operating constraints and Business Requirements to analyze, develop and implement Inventory Planning solutions that optimize inventory across the network.

  • Support Inventory Planning; analyze inventory data to achieve optimal inventory and sales opportunities.

  • Confirm your operation develops and executes Inventory Plans to achieve inventory/Asset Management and Material Flow goals; resolves shipping, receiving, invoicing and payment problems to ensure prompt and accurate payments to suppliers.

  • Develop and execute Inventory Plans to achieve inventory/Asset Management and Material Flow goals; resolve shipping, receiving, invoicing, and payment problems to ensure prompt and accurate payments to suppliers.

  • Methodize: deep Business Process knowledge in Sales And Operations planning, Sales Forecasting and collaboration, Inventory Planning and optimization, and supply/replenishment planning.

  • Analyze operational margin for monthly open to buy (otb) meeting and communicate findings and actions needed to Inventory Planning leads.

  • Develop and implement a strategic Inventory Plan and supervise the processes developed by the material management department in order to align with corporate financial objectives.

  • Evaluate: review Inventory Planning parameters as Safety Stock and lot sizes and adjust to reduce inventory costs.

  • Analyze operational margin for monthly close and partner with Inventory Planning Leaders and finance to prepare presentation to operating committee.

  • Collaborate with Inventory Planning and replenishment teams to align inventory goals that support shared Point Of Sales growth while meeting customer inventory objectives.

  • Govern: partner with Inventory Planning Leaders and finance to prepare presentation to operating committee.

  • Secure that your group develops and executes bottom up Inventory Plans in both units and dollars by month, location and category.

  • Collaborate with Inventory Planning to ensure timely procurement of product and high sales order fill rates.

  • Deliver against annual Total Delivered Cost, Inventory Plans, capacity plans, and Service Level targets.

  • Manage: proactively facilitate re engineering, Best Practices, and consensus between functional experts (Demand Planning, Inventory Planning, purchasing, Sales And Marketing, operations, finance, and it).

  • Arrange that your business assess Inventory Planning Processes and systems, and recommend potential Improvement Opportunities for optimizing Service Levels and inventory Working Capital requirements.

 

Save time, empower your teams and effectively upgrade your processes with access to this practical Inventory Plan Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Inventory Plan related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Inventory Plan specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Inventory Plan Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Inventory Plan improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. What training and qualifications will you need?

  2. What needs to stay?

  3. What Inventory Plan data should be collected?

  4. What are the key enablers to make this Inventory Plan move?

  5. Is there a clear Inventory Plan case definition?

  6. What is the Value Stream Mapping?

  7. Is Inventory Plan dependent on the successful delivery of a current project?

  8. Is the scope clearly documented?

  9. What kind of analytics data will be gathered?

  10. Which functions and people interact with the supplier and or customer?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Inventory Plan book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Inventory Plan self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Inventory Plan Self-Assessment and Scorecard you will develop a clear picture of which Inventory Plan areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Inventory Plan Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Inventory Plan projects with the 62 implementation resources:

  • 62 step-by-step Inventory Plan Project Management Form Templates covering over 1500 Inventory Plan project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Inventory Plan project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Inventory Plan Project Team have enough people to execute the Inventory Plan Project Plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Inventory Plan Project Plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

 
Step-by-step and complete Inventory Plan Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


2.0 Planning Process Group:


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Inventory Plan project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Inventory Plan project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Inventory Plan project with this in-depth Inventory Plan Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Inventory Plan projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based Best Practice strategies aligned with overall goals
  • Integrate recent advances in Inventory Plan and put Process Design strategies into practice according to Best Practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Inventory Plan investments work better.

This Inventory Plan All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.