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INVENTORY AND PRODUCTION CYCLE - Coggle Diagram
INVENTORY AND PRODUCTION CYCLE
DOCUMENTS
Inventory master files - Raw mat, WIP, Finished Goods
Daily production report
Job transfer/ inventory movement sheet (GRN)
Completed production report
Customer Job Card (CJC)/ Inventory Job Card (IJC)
Transfer to finished goods notes
Raw material issues slip
Picking slip and delivery notes
Inventory Production Order
Inventory Count Sheet
Customer Production Order
Inventory adjustment form
RISKS
Delays and inefficiencies in production
type, quantity and quality
Unauthorised production (using company resources for private use)
Inventory
value deteriorates
lost or stolen
Inadequate recording of costs of production