Last week we explored benchmarks for how much inactive inventory living on warehouse shelves is acceptable. This week's charts looks at what type of inventory is being most frequently used at K-12 institutions. We break this view down by categorizing inventory into 1 of 7 types: Custodial, Mechanical, Instructional, Food Services, Technology, Tools, and Other.
A data dive into 654 K-12 Schools reveals Custodial Supplies as the most frequently issued items, followed by Mechanical, Other, and Instructional items. The interesting inventory type here is Instructional Items. 8% of the schools we looked at made up 87% of all Instructional Items issued for K-12. Those 8% have created processes that heavily leverage InventoryDirect to manage faculty requests and streamline the request to receipt process for Instructional Inventory. So there may be an opportunity to increase efficiency for the ones not tracking instructional items. At least it raises the question- how are we handling faculty inventory requests? Are we happy with that process? The most frequently issued Instructional items for K-12 include: 8 1/2 x 11 Copy Paper, AAA and AA Batteries, Glue and Pencils.
Looking at 152 Higher Education Institutions shows that Mechanical, Custodial, and Other inventory types make up about 97% of all issue transactions. So the use of Instructional, Tools, Technology, and Food Services is limited in this segment. We weren't surprised to see Mechanical and Custodial being heavily used, but as the name suggests, "Other" left us wondering what type of Inventory processes these institutions were solving. When we examined this category further, we found that Road Salt, Batteries, Screws, Fittings, Ceiling Tiles, and PVC were among the most frequently issued items from the "Other" category.
When you compare these charts to your institution, do you see any opportunities for improving your processes? Let us know, we'd love to hear your comments on this blog.