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OLD SHORT ITEM USAGE CURRENT LEVEL PROPOSED LEVEL MOV. AVG. PRICE
MATERIAL NO. DESCRIPTION M/Y Qty MIN MAX MIN MAX SR
Oct-16 16
Nov-16 3
Dec-16 3
GLOVES, CHEMICAL:GLOVES, CHEMICAL:
TYPE SMOOTH PATTERN, COMMERCIAL SIZE SIZE 8, LENGTH Jan-17 23
8.5 IN, CUFF TYPE KNIT WRIST, MATERIAL FOAM NITRILE
477680 , POLYURETHANE PALM COATED, COLOR GRAY, MNFR: MAGID
Feb-17 10 24 36 48 60 1.61
GLOVE AND SAFETY MANUFACTURING COMPANY, LLC MNFR Mar-17 17
PART NO: JDW150-8
Apr-17 2
May-17 91
Jul-17 20
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 $38.64 increase to store stock.
Inventory Recommendation:
ORY MANAGEMENT
INVENTORY MANAGEMENT
NOTE: PLEASE RETURN TO INVENTORY MANAGEMENT WITH YOUR COMMENTS WITHIN ONE WEEK