Inventory Management In Supply Chain Management Ppt
Supply chain management ppt template 1.
Inventory management in supply chain management ppt. The best supply chains aren t just fast and cost effective. 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. Supply chain plan ppt free download as powerpoint presentation ppt pptx pdf file pdf text file txt or view presentation slides online. 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.
Outline elements of inventory management inventory and supply chain management inventory control systems economic order quantity models reorder point classification of inventories. Inventory is a fundamental measure of the overall health of supply chain and logistics activities. Though inventory is considered a liability to efficient supply chain management supply chain managers acknowledge the need for inventory. Manufacturing and supply chain management blogs.
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. Premium powerpoint slides management supply chain 2. 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. Inventory management in supply chain 1.
It is also necessary when a company. Inventory management winter 2014 adm esupply chain management 2. They are also agile and adaptable and they ensure that all their companies interests stay aligned. Inventory management is the fundamental building block to longevity.
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 management powerpoint template 3. Mis picks result from. When your inventory is properly organized the rest of your supply chain management will fall into place.
Inventory management by. In supply chain planning we are forecasting demand with extensive market research and further planning about demand supply and inventory management. Without it you risk a litany of mistakes like mis shipments out of stocks overstocks mis picks and so on.