Trending Inventory Discussions

How does dead inventory cost money? ‎

What is the best way to reduce your ageing stock?‎

If a demand planner making a plan to maintain the MSL then every time ageing is big hurdle hence I would like to know what is the best way to reduce the ageing.‎

How do you distinguish the terms "waste" and "scrap"?‎

Purpose Of Inventory is to: Select one. ‎

a. Maintain uninterrupted supply of input materialsb. manage variations in demand and supplyc. Manage Supplier Lead Timesd. All the above‎

If the physical count exceeds the system generated report - What are the possible ways to find out why? ‎

Physical count of Inventory found excess‎

What's the difference between Store Officer and Inventory Officer?‎

Which of the following is not a type of inventory? ‎

   1. Work-in-process   2. MRP   3. Raw material   4. Finished goods ‎

What do you mean by "SOP" and its benefits? ‎

Operational Management, Warehouse Management, Inventory Management, Logistics‎

Which of the following is not a reason to carry inventory?‎

A. To provide a safeguard for variation in raw material delivery time B. To take advantage of economic purchase-order size C. To maintain independence of operations D.‎ ... See More

In ABC inventory management system, class A items may require?‎

a- Higher Safety Stock b- Frequent Deliveries c- Periodic Inventory system d- Updating of inventory records  ‎