Please enable JavaScript.
Coggle requires JavaScript to display documents.
Inventory management (5 costs involved inventory management (Human capital…
Inventory management
5 costs involved inventory management
Human capital.
Finance costs
Inventory turnover
Stock accuracy
Management costs
The basics in inventory management
Location
off-site
on-site
drop-ship
Identify
Stock keeping unit
I.D labels
unit of measures
Plan
Push or Pull
Records
Paper or PC
3 service classes
Critical
Non-capital
Scheduled delivery
The strategies to better manage inventories
Vendor manage inventory
Postponement logistic
Definition
Refers to stock of goods and materials that are maintaned for many purposes.