Process for logistics management involving inventory driver profiling

A computer-readable medium for use on a computer system, the computer readable medium having computer executable instructions for performing a method of creating an inventory profile, the method comprising:

• receiving inventory data associated with a group of parts within an inventory;
• classifying each part of the group of parts into one class selected from a plurality of classes;
• determining a number of days of demand coverage associated with each class;
• comparing the number of days of demand coverage for each class with a corresponding demand coverage value;
• determining a difference between the number of days of demand coverage for each class and a corresponding demand coverage value;
• and
• generating an inventory profile reporting the days of demand coverage for each class associated with the group of parts,
• wherein the inventory profile indicates the difference between the number of days of demand coverage for each class and the corresponding demand coverage value.

A system for creating an inventory profile comprising:

• a computer system;
• at least one input device coupled to a processor;
• and
• the processor configured to:
• receive inventory data associated with a group of parts within an inventory;
• classify each part of the group of parts into one class selected from a plurality of classes;
• determine a number of days of demand coverage associated with each class;
• compare the number of days of demand coverage for each class with a corresponding demand coverage value;
• determine a difference between the number of days of demand coverage for each class and a corresponding demand coverage value;
• and
• generate an inventory profile reporting the days of demand coverage for each class associated with the group of parts,
• wherein the inventory profile indicates the difference between the number of days of demand coverage for each class and the corresponding demand coverage value.