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
An architectural biography. Book review.
Restoring Orleans House Octagon
The house where the future king of France lived.
The teacher, architectural technologist and mum offers her insights.
Cable management materials shortage
Careful planning needed as supply chain issues continue.
The sensitive conversion of a neglected Cornwall structure.
Plan stresses local involvement in city, town and village development.
Carbon capture technology update
Environment Agency publishes BAT guidance.
C02nstruct Zero Performance Framework published
CLC guidance outlines carbon reduction priorities.
Bridge hopping highlights around the UK
Making the most of a staycation.
Organisation urges G20 to revisit wind energy.
The historian spent much of his life compiling architectural resources.
Thermal imaging and net zero targets
How technology can expose efficiency levels in existing buildings.