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PROCUREMENT & INVENTORY CONTROL (Supply chain (Strategic (Coordination…
PROCUREMENT & INVENTORY CONTROL
Supply chain
Facilities
Warehouse
Factories
Office
Strategic
Coordination
Final customer
Purchases
Relationship
Activities
Forecasting
Purchasing
Scheduling
Benefits
High profits
Great agility
Global
Language
Culture
Political
Successful
Trust
Effective
Objective
Coordinate activities
RFID
Track goods
Attached
Definition
Integration activities
CPFR
Information sharing
Eliminate typical
JIT
Benefits
Flexible
Reduce cost
High quality
Transitioning
Convert operation
Commitment
Support workers
Inventory management
Importance
Assets
Functions
Decouple
Discounts
Against inflation
Objective
Strike balance
Types
WIP
MRO
material
finish goods
ABC Analysis
Criteria
high shortage
delivery
quantity
Policies
Tighter inventory
More care
Emphasis
Analysis
3 Classes
B - medium
C - Low
A - high
Establish policies
Record accuracy
Stockrooms
Precise decision
Accurate records
Cycle counting
Used ABC
Advantage
Accurate inventory
Trained personnel
Eliminate shutdown
Item counted
Control inventories
Profit
Losses
EOQ model
Assumption
Demand
Variable cost
Lead time
Minimizing costs
Optimal size
Reduction
Optimal quantity
Inventory models
Holding cost
Ordering cost
Dependent
Setup cost
Independent
OHNO'S
Inventory
Motion
Transportation
LEAN
sustainability
Two sides
Max resources
Services
Suppliers
Layout
Organization
Educate supplier
JIT technique
Iniatives
Jidoka
Autonomation
3 mainelement
Poka-Yoke
Error
Andon
Maintainance
Centerpiece
Monozukuri
Making thing
Kanban
Remove standard size
Signal