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
Corruption in the construction industry.
What will it take to stop it ?
To celebrate world bee day 2022 !
Just one month until the changes to part L come into effect.
Not forgetting part F and the new part overheating part O.
Heat Pump demand rises by one quarter.
As energy prices jump up in cost.
With people in the UK from Ukraine.
Industry leader Steve Murray takes on role.
An abundant and versatile building material.
How overheating complicates ending gas in the UK.
600,000 heat pump installations targeted per year by 2028.
Cost planning, control and related articles on DB.
Helping prevent those unwanted outcomes.
ICE debate Public transport - post pandemic.
How has transport changed due to Covid-19 ?
Cross-ventilation in buildings. Do you have it ?
Will you need it ? after June 15 and the new Part O ?
Share your knowledge with the industry.
Create an account and write the first of many articles.
The green jobs delivery group.
CIAT commentary after the first meeting.
Liverpool's world heritage site status
Who is to blame?
Research recommends focussing on portfolio success rather than project success.
ICE and BSI launch revised PAS 128 standard.
The revised standard for mapping underground utilities.
Launching the UK net zero carbon buildings standard.
Cross-industry steering group seeks support in delivery.