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Do you recalculate safety stock levels on a regular basis to ensure they are up to date?

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Question added by Rashil Shah , Quality Administrator , Alloga UK
Date Posted: 2017/01/13
NASSIM BRAHIMI
by NASSIM BRAHIMI , Manager , Jardy Suits & Hôtels

Yes, on the SAGE ADONIX software 

Surej Saifudeen Shaik
by Surej Saifudeen Shaik , Operations Manager , Hashi Energy

While a periodic change in the safety stock levels is not necessary, an eagle's eye on any change in consumption patterns is a must, which might snowball into serious inventory management issues !!!!

Eyad Omar Abdulatif Ahmad  Nofal
by Eyad Omar Abdulatif Ahmad Nofal , Supply Chain Deputy Manager , Axiom Telecom

hi 

the stock have be in safe mode inside warehouse that meeting the quality level of security and avoid to exceed the risk level . 

coordinate with insurance to secure your product and meet the civil defense requirements 

 

 

Ali Akbar Mazumder
by Ali Akbar Mazumder , Deputy Manager (Planning) , Meghna Group of Industries

It is not necessary to recalculate the safety stock level on a regular basis, The inventory level is based on the products or materials consumption data which covers both peak & off peak season. The future level of inventory can be calculated on past product consumption data or market sales data. But it is very important to maintain the data accuracy properly. Besides that it is also need to make habit to go through the formats on periodical basis.

Deleted user
by Deleted user

  Great. Thank you! When the teacher asks answer from his student

Jacinto Zamora
by Jacinto Zamora , Senior Purchasing Officer-Supply Chain Management Expediting & Accounts Section , Hamad Medical Corporation

The basis of min max inventory level should be computed from the average consumption of peak and low season data. It's not necessary to compute the safety stock on a regular basis since your basis is already the average quantities. If you are maintaining seasonal inventories the basis of calculation should be most recent data.

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