Jeff Smith, KPI challenge of the month
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Challenge Of The Month
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Jeff Smith's KPI Challenge of the month

September 2017

Parts sales, excluding VOR and all external sales are recorded at $1,923,361 with a total gross profit of $461,606. Currently, True Stock Turn is 4 times per annum, and stock is to be reduced to bring True Stock Turn up to 5 times per annum. What will be the savings in the investment in parts stock?

 

1) $461,606

2) $96,168

3) $73,087
4) $92,321

5) $115,401.

 

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