Stock turns
QCD: measuring manufacturing performance, Published by the Department of Trade and Industry in 2004 suggested that Stock Turns (ST) is: ‘…a measure of how frequently the stock (raw material, work-in-progress and finished goods) are turned over in relation to the sales revenue of a product.’
ST reflects the level of control and coordination of materials that flow through the process. ST ratios reveal how much control a business has over a process. Tightly controlled processes need only low levels of raw material and work-in-progress (WIP).
Stock Turns (ST) = Sales turnover of product / (Value of raw material + Work-in-progress + Finished goods)
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
CIOB launches global mental health survey
To address the silent mental health crisis in construction.
New categories in sustainability, health and safety, and emerging talent.
Key takeaways from the BSRIA Briefing 2024
Not just waiting for Net Zero, but driving it.
The ISO answer to what is a digital twin
Talking about digital twins in a more consistent manner.
Top tips and risks to look out for.
New Code of Practice for fire and escape door hardware
Published by GAI and DHF.
Retrofit of Buildings, a CIOB Technical Publication
Pertinent technical issues, retrofit measures and the roles involved.
New alliance will tackle skills shortage in greater Manchester
The pioneering Electrotechnical Training and Careers Alliance.
Drone data at the edge: three steps to better AI insights
Offering greater accuracy and quicker access to insights.
From fit-out to higher-risk buildings.
Heritage conservation in Calgary
The triple bottom line.
College of West Anglia apprentice wins SkillELECTRIC gold.
Scottish government launch delivery plan
To strengthen planning and tackle the housing emergency.
How people react in ways which tend to restore their comfort.
Comfort is a crucial missing piece of the puzzle.
ECA launches Recharging Electrical Skills Charter in Wales
Best solutions for the industry and electrical skills in Wales.
New homebuilding skills hub launch and industry response
Working with CITB and NHBC to launch fast track training.