The importance of assessing the costs of inventories and the costs of stock outs

Monitor levels of inventory and take actions to mitigate oversupply and minimise the risk of stock outs

The importance of undertaking expediting of deliveries of goods or services

Undertake expediting as a planned process to ensure the timely deliveries of goods or services purchased from suppliers

The use of problem solving techniques in expediting deliveries of products or services

Diagnose the causes of scheduling difficulties and take preventative actions to avoid their reoccurrence

The need for planning milestones and activities

Identify targets for the scheduling of deliveries of goods or services, taking into account feedback from suppliers and other stakeholders

The need for tracking deliveries and documentation

Take action to track deliveries and check relevant data and documentation

The use of forecasting to achieve timely deliveries of supplies

Use historical data to calculate forecasts of demand that can be communicated to suppliers and other stakeholders

Payment to suppliers and the importance of cash flow for the organisation and suppliers

Track any variations from planned payments and take remedial actions to mitigate disruptions caused by difficulties with cash flow