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Stock Turn Illusion and How to Avoid It

October 19 spkhadmin

Stock TurnWhat if the metric that you rely on doesn’t actually tell you what you think it does?

In this 2-Minute Tutorial Phillip Slater discusses the Stock Turn Illusion and how some companies misinterpret this important spare parts inventory management measure.

Phillip Slater is a Spare Parts Management Specialist with 35 years experience and the founder of the online training and resource center at SparePartsKnowHow.com.

Stock Turn Illusion Video

 

See also related content:

Stock and Inventory Turn definition
Problems with Stock and Inventory Turn Measurement
2-Minute Tutorial on Stock and Inventory Turns

 
 
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Filed Under: Metrics and Reporting

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What does it take to transform your spare parts inventory management? Discover 8 strategies to achieve results you did not think were possible. Read more...

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