- You have too much inventory.
- It is both, too much finished goods inventory and raw materials.
- There are no inventory turns.
- Do not know what they should be.
- Do not know the average on hand inventory value.
- Do not know what it should be.
- Uncertain what level of reduction would be meaningful to you.
- You have a lot of obsolete inventory.
- Do not know how to notify purchasing on which items will no longer be needed.
- Cannot easily identify every BOM or process that uses a specific item.
- You are concerned about decreasing margins.
- Unsure what kind of trends you are seen.
- You have no goals for sales (i.e. 10% increase next year)You have obstacles to increasing sales.
- Inventory levels have an impact on this.
- There is problems with having the right inventory.
- You feel you have to carry excess inventory just to prevent lost sales.
- No known percentage of excess inventory.
- Cannot estimate dollar volume of lost sales that happen because you can’t deliver the products the customer wants when they want them.
