Inventory Management In Supply Chain Management Ppt
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Inventory management in supply chain management ppt. Though inventory is considered a liability to efficient supply chain management supply chain managers acknowledge the need for inventory. Inventory management in supply chain 1. Inventory management by. Manufacturing and supply chain management blogs.
They are also agile and adaptable and they ensure that all their companies interests stay aligned. It is also necessary when a company. Inventory is a fundamental measure of the overall health of supply chain and logistics activities. To learn more see inventory close.
Outline elements of inventory management inventory and supply chain management inventory control systems economic order quantity models reorder point classification of inventories. Kuldeep uttam production and industrial engineer 2. There are instances where efficiency in the supply chain can be ensured by efficiencies in inventory to be more precise by maintaining efficiency in inventory reductions. Supply chain plan ppt free download as powerpoint presentation ppt pptx pdf file pdf text file txt or view presentation slides online.
Proper warehouse management is key. Inventory management winter 2014 adm esupply chain management 2. Outline what is inventory myths in inventory management reasons for having inventory rolls of inventory in scm types of demands benefits drawbacks methods for inventories inventory techniques 3. Without it you risk a litany of mistakes like mis shipments out of stocks overstocks mis picks and so on.
The best supply chains aren t just fast and cost effective. When your inventory is properly organized the rest of your supply chain management will fall into place. Supply chain management is an extremely important function for those companies that use just in time manufacturing systems which operate with very small inventory reserves if any and so depend on the timely arrival of components at the exact times and in the exact amounts needed by the production process. Inventory management is the fundamental building block to longevity.
Supply chain management powerpoint template 3. The authors of the definitive guide to inventory management discuss what inventory is the role of inventory in supply chain management and why inventory is such an important metric in supply chain management. You can find opinions news and other information about inventory management and other solutions on the dynamics ax manufacturing r d team blog and supply chain management in dynamics ax r d team blog.