reserves are planned
What does “effective inventory management” mean?
Let us analyze this phrase in parts: stocks, management, efficiency.
Inventories (stocks – eng.) – these are the supplied raw materials, materials, components, work in progress from them, finished products, purchased goods, means of production and objects of labor stored in the enterprise. They are formed every time when incoming or outgoing material resources are not used at the enterprise, although they are available. A stock is a material flow that has stopped its movement, temporarily or permanently (forever). Without stocks, at least minimal, it is impossible to manufacture finished products, works, services, trade in goods is impossible. Therefore, any company has stocks in one or another quantity. Continue reading
maximum production
price decision
trading company
activity must
raises the question
choosing the optimal
unsuccessful experience
detailed description
highest economic
optimal increase
without stocks
crucial relationships
inventory management
calculating inventory
logistics development
satisfy their needs
price or leave
corresponding to the chosen
marginal profits
stock level
corporate strategy
draft decisions
high-level professional
recalculating the plan
overtime work
consulting services
nothing without
place of storage
bank card account
customer needs
generally incorrect
current consumer
management problems
clearly understand
large number
ability of products
including a plan
bored chairman
consultant will
complex motivation
stocks of finished
two-day training module
receiving a high-quality
fixed costs
number of problems