About Steve Boyd

Steve spent 43 years in corporate America, including 30 years experience in supply chain. As a Lean Six Sigma Black Belt he found deep dives into exploring data connections most rewarding, however, only when coupled with results. From volume and variability analysis for Sales & Marketing in DuPont to automation of critical inventory trends and issues at Kuraray, its what works that counts. As inspired by Eli Goldratt’s “Necessary but Not Sufficient”, he’s developed several simple supply chain techniques using ERP software data to customize a business for higher levels of performance. Now he brings them to you.

How to Track Your Inventory Stock Out Levels Using These Severity Codes & Alerts

In an ideal world, your products would have on-shelf availability whenever your customer needs them. However, this is often not the case for many businesses. It’s also essential to note that, not all stock outs or out-of-stock(OOS) carry the same severity levels or require the same form of actions. In this blog post, we’ll discuss a simple coding system using descriptive analytics that can help you easily identify different severity levels for your stock out.

By |2023-05-31T13:38:30-04:00March 15th, 2018|Inventory Management, Memoirs of a Black Belt|

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