lloucka's blog

Maybe you have a day by hour chart, or sales plan vs. actual sales data and you want an easy way to decide when to take action - consider the simple Cumulative Deviation. First you need some data, two variables that you want to compare.  Here in this spreadsheet example we have Plan and Actual for eight time periods.

Expected Inventory

ss9Inventory levels rise and fall as supply and demand ebb and flow.  Inventory is at it's peak just as the next batch, kanban, or order arrives and then decreases as materials are consumed.  This rise and fall is known as cycle stock, the stock that exists during the replenishment interv

Henry Ford

Henry Ford (July 30, 1863 – April 7, 1947)A complex man, born July 30, 1863, Henry Ford developed the automotive mass production assembly line.  His relentless and systematic focus on efficiency and costs reduction resulted in many technical and business innovations.

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