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Inventory Management
Traffic Signal are use to control FMFO AND FOLLOW THE SUBJECT .
yes,our company still utilizing minimum and maximum within their Inventory Management Systems for reduce the stock
I personally believe that different businesses require different approaches. In the warehouse business, fast-moving goods are always kept at maximum levels, while slow-moving goods are maintained at minimum levels based on forecast reports. For warehouses, inventory management focuses on optimizing space utilization. On the other hand, this approach may not apply to retail outlets...
I think most of the good companies follow the minimum and maximum in their inventory for reduce the dead stock,
Yes we utilise Minimum and maximum with in Inventory Mangt. System.