Safety Stock Calculator
Safety stock inventory, sometimes called buffer stock, is the level of extra stock that is maintained to mitigate risk of run-out for raw materials or finished goods due to uncertainties in supply or demand.
Reasons why you should carry safety stock:
1. Protect against unforseen variation in supply
2. Compensate for forecast inaccuracies.
3. Prevent disruptions in manufacturing or deliveries
4. Avoid stock outs to keep customer service and satisfaction levels high.
Use this simple calculator on the left to discover how much safety stock you should be carrying.
The information which you calculate from the Safety Stock Calculator is intended for use by you as a guide only, and has no legal effects.
Calculate your Overall equipment effectiveness, also known as OEE
Swift Metal's OEE calculator helps you estimate your Overall Equipment Effectiveness and calculate OEE components.
OEE takes into account all losses, resulting in a measure of truly productive manufacturing time.
OEE scores provide a very valuable insight – an accurate picture of how effectively your manufacturing process is running. And, it makes it easy to track improvements in that process over time.
OEE is calculated by multiplying the three OEE factors: Availability, Performance, and Quality.
The information which you calculate from the OEE Calculator is intended for use by you as a guide only, and has no legal effects.