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What is Inventory Management?
什么是库存管理?
Effective inventory management is all and how much finished product results.
about knowing what is on hand, where it is in use,
Inventory management is the process of efficiently overseeing the constant flow of units
out of an existing inventory. This process usually involves controlling the transfer in of units in
order to prevent the inventory from becoming too high, or dwindling to levels that could put the
operation of the company into jeopardy. Competent inventory management also seeks to control
the costs associated with the inventory, both from the perspective of the total value of the goods
included and the tax burden generated by the cumulative value of the inventory.
into and
Balancing the various tasks of inventory management means paying attention to three key aspects
of any inventory. The first aspect has to do with time. In terms of materials acquired for inclusion in the total inventory, this means understanding how long it takes for a supplier to process an order and execute a delivery. Inventory management also demands that a solid understanding of how long it will take for those materials to transfer out of the inventory be established. Knowing these two important lead times makes it possible to know when to place an order and how many units must be ordered to keep production running smoothly.
Calculating
what is
known
as
buffer
stock is also
key to
effective
invento
ry management.
Essentially, buffer stock is additional units above and beyond the minimum number required to
maintain production levels. For example, the manager may determine that it would be a good idea
to keep one or two extra units of a given machine part on hand, just in case an emergency situation
arises or one of the units proves to be defective once installed.
Creating this cushion or buffer helps
to minimize the chance for production to be interrupted due to a lack of essential parts in the
operation supply inventory.
Invento
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