Scribd
Upload
58 views2 pages

Stock Level Change Request

This document is a stock level change request form for chemical gloves. It shows the usage history from October 2016 to June 2017, with quantities ranging from 29 to 247 per month. The current stock levels are unable to keep up with demand, with the minimum at 48 and maximum at 60 gloves. The form proposes increasing the minimum level to 72 and maximum to 120 gloves, which would allow maintaining stock levels. This is estimated to increase inventory costs by $37.20. Inventory management approval is requested.

Uploaded by

Patrick Hillman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
58 views2 pages

Stock Level Change Request

This document is a stock level change request form for chemical gloves. It shows the usage history from October 2016 to June 2017, with quantities ranging from 29 to 247 per month. The current stock levels are unable to keep up with demand, with the minimum at 48 and maximum at 60 gloves. The form proposes increasing the minimum level to 72 and maximum to 120 gloves, which would allow maintaining stock levels. This is estimated to increase inventory costs by $37.20. Inventory management approval is requested.

Uploaded by

Patrick Hillman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 2

MM - INVENTORY MANAGEMENT IM-01-A1

STOCK LEVEL CHANGE


Issued Rev. 04
09-02-2008

Affiliate Name: AC55 Material Number: 1341814


Date: 7/12/2017 Quantity on Hand: 0

OLD SHORT ITEM USAGE CURRENT LEVEL PROPOSED LEVEL MOV. AVG. PRICE
MATERIAL NO. DESCRIPTION M/Y Qty MIN MAX MIN MAX SR
Oct-16 68
Nov-16 33
Jan-17 247
GLOVES, CHEMICAL:
MNFR: MAGID GLOVE AND SAFETY MANUFACTURING Feb-17 62
480800 48 60 72 120 0.62
COMPANY, Mar-17 29
LLC MNFR PART NO: JDW150-10
Apr-17 60
May-17 120
Jun-17 60

End User Comments


AFFILIATE END USER

OPTION 1 COMPUTATION: Average Yearly Consumption X Lead Time / 365 Days = x 1.5 =

Critical = New ROQ (New ROP x 2)

Insurance Repairable Total Parts In Service

OPTION 2 Order at Request (PD)

OPTION 3 6

Justification: The current minimum and maximum levels are not keeping up with the demand for the gloves and we can not keep them in stock. This increase should allow
us to maintain stock levels. This will be a $37.20 increase to store stock.

NAME MANAGER, MAINTENANCE SUPPORT SIGNATURE

Inventory Recommendation:
ENTORY MANAGEMENT
INVENTORY MANAGEMENT

NAME MANAGER, MATERIALS MANAGEMENT SIGNATURE

NOTE: PLEASE RETURN TO INVENTORY MANAGEMENT WITH YOUR COMMENTS WITHIN ONE WEEK

You might also like