Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

How to determine Minimum and maximum stock in spare parts business?

user-image
Question ajoutée par Haytham Emran , Purchase and Import Planning Officer , United Motor Trade Co.Ltd
Date de publication: 2015/11/02
Samith Semage
par Samith Semage , Senior Executive - Commercial , MAERSK LANKA PVT LTD

he Min/Max inventory ordering method is a basic reordering mechanism that has been implemented in many ERPs and other types of inventory management software. The “Min” value represents a stock level that triggers a reorder and the “Max” value represents a new targeted stock level following the reorder. The difference between the Max and the Min is frequently interpreted as the EOQ (Economic Order Quantity). And while Min/Max inventory planning is quite a crude method for inventory ordering, Min/Max settings can be dynamically adjusted to offer better inventory performance.

More Questions Like This