November 4, 2019
Radio Holland Stock Analysis
Having the right product in the right location and in stock at the right time is a challenge for almost all companies. The stock is often too high, which impacts balance sheet, or it is too low, so that service and trade do not operate optimally.
The Pon Datalab has been asked to perform an analysis on the data of products for Radio Holland, to improve the inventory levels. Based on Radio Holland’s product data, stock levels, historical sales and historical delivery times, Datalab calculated ABC classifications, average lead times and safety stocks per service level.
These insights are combined in a dashboard where users can view all results for every product and supplier. Here it is also possible for the users to identify and group products and suppliers in terms of how much they impact the company.
Kirsten KniepData Scientist