| EIQ analysis and ABC analysis are tools for logistics analysis, but one aspect that often gets overlooked is the concepts of volume and time. Focusing solely on the quantity of items and shipping destinations doesn't allow for the calculation of the number of pallets needed for inventory storage. The number of pallets needed is calculated based on the volume of the cases. The required equipment inbound/outbound and transport capacity is based on hourly capacity. If you ship 100 pallets per day, that might mean 100 pallets in 5 hours, or 20 pallets in 4 hours plus 80 pallets in 1 hour. Based on the above, it's easier to understand EIQ analysis as EIQ_VT analysis, where V is volume and T is time. This concept is similar to ABC analysis. TCalcs use the "number of loose items," the smallest unit of SKU, as the basis, so that you can simultaneously check the "case equivalent," "PL equivalent," "volume equivalent," and "weight equivalent." Time segments also allow for time-based condition extraction. |