Xem mẫu
Inventory Management
Learning outcomes
• At the end of this lecture, students should be able to
• Define inventory
• Understand the various types of inventory
• Understand the reasons for keeping inventory
• Understand the inventory models (EOQ, POQ, QD)
Managing Facilitating Goods
Replenishment order
Replenishment order
Replenishment order
Customer order
Factory Wholesaler Distributor Retailer Customer
Production Delay
Shipping Delay
Shipping Item Withdrawn Delay
Wholesaler Inventory
Distributor Inventory
Retailer Inventory
What is inventory?
Inventory is the raw materials, component parts, workinprocess, or finished products that are held at a location in the supply chain.
Inventory decisions are highrisks and high impacts from the perspective of logistics operations
Inventory management is important to avoid understocking or overstocking.
What are the two main issues that need attention to ensure proper management of inventory level?
• Order Quantity how much to order (EOQ/lot sizes)
• Order Points when to place an order (Reorder point)
...
- tailieumienphi.vn
nguon tai.lieu . vn