Re: Safety Stock - Static or Dynamic?
Loggie,
Demand is fairly variable, and company is tasked with achieving +/-30% tolerance.
At present SS settings are static, which causes in my mind high inventory due to the fact that these parameters are only reviewed quarterly.
I feel that a dyamic approach is the way to go, but I am unsure as to how to approach the development of this process, hence the request for a template from the web.
Any ideas? Or views?
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