实用物流英语教学课件作者高芳4-11课件.pptVIP

 Module 4 Inventory Management Methods Objectives Contents lead-in 1. What is inventory? Who may hold inventory across a supply chain? a firms current assets including raw materials and work in progress and finished goods Raw material supplier, intermediate component manufacturer, finished product manufacturer, distributor, wholesaler, retailer, etc. lead-in 2. Why do firms hold inventory? Inventory is held to ensure timely and sufficient supply of materials or products for customers. There are three basic reasons for keeping an inventory: Time - The time lags present in the supply chain, from supplier to user at every stage, requires that you maintain certain amount of inventory to use in this “lead time”. Uncertainty - Inventories are maintained as buffers to meet uncertainties in demand, supply and movements of goods. Economies of scale - Ideal condition of “one unit at a time at a place where user needs it, when he needs it” principle tends to incur lots of costs in terms of logistics. So bulk buying, movement and storing brings in economies of scale, thus inventory. lead-in 3. Do you think holding inventory is risky? Why or why not? Yes. Because except make-to-order needs, it is not easy to estimate accurately the market conditions, i.e., the requirement and needs for materials or products. Activity 1 —Task 1 Activity 1 —Task 1 Learn the new words and terms. Learn the Term Definition Activity 1 —Task 2 Fill in the blanks according to the passage and translate the sentences into Chinese. Activity 1 —Task 2 Fill in the blanks according to the passage and translate the sentences into Chinese. Activity 1 —Task3 Cloze Inventory Risk Cost longer dated grocery damaged warehouse Activity 2 —Task 1 Material: Main factors in inventory risk and cost control Discuss and make a list of the main factors in inventory control. New words and terms Term Definition Activity 3 —Task 1 Dialogue 1 Learn the new words and terms. Words afford承受