What does it mean to be World Class related to Inventory Turns?
(Operations Controller) | Sep 6, 2013
In the past I have always strived for a percentage improvement over the prior year or prior rolling three years. It's difficult to determine how much improvement is good enough other than ones own past experience. Does anyone know of any publications or other resources that I can reference to determine what manufacturing organizations experience and strive for regarding inventory turns (i.e. What does it mean to be World Class related to inventory turns?). Manufacturing category or sector specific would obviously be more useful to narrow the relevance of the information. Any advice or direction would be appreciated.