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What are the decisions made by the company manager that can lead to changes in the flow velocity of finished products after their manufacture?

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Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2017/02/21
Abdullah Aziz Eldain Morsi  Elgendy -        CMA  Candidate
by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies

fully accepted with the previous answer

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Agree with the answer of Mr. Robert Malak.

Robert Malak
by Robert Malak , Projects Manager , Ankido Oil Services for General Contracts DMCC

 

Finished products after manufacturing is considered inventory.

 

Change in flow velocity of finish product is considered inventory management.

 

Inaccurate inventory count, meeting unexpected increase or decrease in customers’ demands, products price discount, discovery of quality issues, seasonal demands, miscalculation of the safety stock, and inaccurate lead time forecast are all factors that forces management to decide on the inventory velocity flow.

 

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Inventory is one of the most dangerous . .asset a company can have,It can be a liability for several reasons, the risk of inventory becoming damaged or obselte due a new product design or a customer's changing requirements increases every day that a company . .holds onto it _A company manager has to do designs about which product/program to continue and which to sunset Excessive need to rely more heavily on business analytics to determine which customers and programs sre their most economically profitable and offer the highest growth opportunity

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