inventory management ppt slideshare

It is a vital process of monitoring, managing, and controlling the stock items of your company. ADVERTISEMENTS: Read this article to learn about the advance method and techniques of inventory control: ABC analysis, EOQ model, safety stocks and the reorder point! The topics discussed in these slides are Product, Sales, Vendors, Inventory Management, Dashboard. the obsolete products with stock, active products but also new products referenced without stock. coordinating those activities which are. Not having an Excel file or tool that centralizes 100% of the company’s products and includes all the key information for inventory management. Inventory management refers to the process of ordering, storing, and using a company's inventory. These include the management of raw materials, components, and finished products, as well as warehousing and processing such items. Operations Management PPT and PDF Free: A space of management having an active role in designing the process of production and also in controlling the production process is known as operations management, it also redesigns the operations of … Effective Running of Stores: This may include problems of layout, utilization of storage space, issuing and receiving procedures of … Inventory management is the main factor in supply chain management. Inventory Management 1. 26. Inventory Management is a practice of tracking and controlling the inventory orders, its usage and storage along with the management of finished goods that are ready for sale. The reorder point formula is an inventory management technique that’s based on a business’s own purchase and sales cycles that varies on a per-product basis. I would not recommend this as an introductory book to inventory management but rather a book for those that already have some basic understanding of inventory management and want to … To study the inventory management based on the ratios 2. No SlideShare. It involves a balance between customer service, or product availability, and the cost of inventory ( Ballou, 1998). 4 Types of Inventory Control Systems: Perpetual vs. and Inventory Management System is to reduce paper works and ineffective ways of managing inventory, this system is expected to assist in making the right decision in the process of managing inventory aligned with the sales level in the store. Clipping is a handy way to collect important slides you want to go back to later. Inventory Management 1. 6/15/2020 6:05:00 AM. Inventory management is at the core of each business’ trading activity, a key component of supply chain management. Procuring. MEANING OF INVENTORY • The term “ Inventory” is originated from the French word “ inventaire” and the Latin “inventariom”, which implies a list of thing found. For example, on an average inventories are approximately 60 per cent of the […] Inventory Management - a ppt for PGDM/MBA 1. This chapter covers all these different types, so your business is best equipped to manage, plan and budget for stock going forward. There are some selective inventory control methods to have an effective control on the inventory. Total Inventory Control Cost When annual demand (D), holding costs (H), and per unit order processing costs (C O) are known, then total inventory holding and ordering costs (TC) can be described as follows: TC = Q/2*H + D/Q*S This suggests that optimal total costs can be described can be plotted as the minimum point on a u-shaped total cost curve, where costs increase if order size is too small but also increase if inventory … Methods of Inventory Control | Materials Management. MATERIAL management is concerned with planning, organizing and controlling the flow of materials from their initial purchase through internal operations to the service point through distribution. The colors, graphics and fonts are especially chosen to make your presentation as proficient as possible. f Material management. ishing inventory, so we will use such terms as producing and ordering interchangeably. Resources are provided under each of the twelve general topics of study as recommended by CXC: I mean 100% of the products, i.e. Inventory Management 12. 4. Retail inventory management. The cost of each item is multiplied by the number used in a given period and then these items are tabulated in descending numerical value order. Inventories occupy the most prominent position in the working capital structure of manufacturing and distributive business enterprises. 1) The lack of control of the product catalog. 2. First, online retail (eCommerce) where the purchase takes place digitally. While not exclusive to retail, inventory management tends to play more of a role in this industry than any other. Stress Management Powerpoint Author: Dionne.Davila Last modified by: GALLAGHER LANDIS, LORI L Created Date: 3/28/2006 4:40:23 PM Document presentation format: On-screen Show (4:3) Company: The University of Texas at San Antonio Other titles There are several different types of inventory a company might come across while handling and controlling its stock. These recommended free e-resources are specifically aligned with the Caribbean Secondary Education Certificate (CSEC) curriculum framework as suggested in the CSEC Office Administration Syllabus. 1. Inventory Management anoos. @Datexcorp. The functions of the inventory management are as follows: The manager of the inventory system has to take great care of time. ... Inventory management is also fed with the cost of all the raw items and their subsequent costs in finished form. ... Inventory management is also responsible for observing the availability of all raw materials which to be used in completing all the orders. ... More items... 4. ABC analysis is the analysis of the store items cost criteria. INVENTORY MANAGEMENT By : Kuldeep Uttam Production and Industrial Engineer 2. ABC Analysis. In addition to optimizing the cubic fill of storage locations for better inventory control, another best practice is to minimize travel time. Inventory: a stock or store of goods Inventory turnover is the ratio of average cost of goods sold to average inventory investment. Tell you how much specific inventory items are costing you. It is the planning ,directing, controlling &. ADVERTISEMENTS: Read this article to learn about the advance method and techniques of inventory control: ABC analysis, EOQ model, safety stocks and the reorder point! a computer Dependent demand ... – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 400dc7-NmM0Z 1.3 OBJECTIVES As the available existing system provides limited functions to the user, thus this • To take advantage of quantity discounts. To suggest the measures for improving the inventory level. Retail inventory management Retail is the general term used to describe businesses that sell physical products to consumers. Both examples deal with one specific product (speakers for a certain kind of televi-sion set or a certain bicycle model). determination of materials quality & quantity. Inventory management 1. inventory management ppt 1. adequate replenishment in order to meet customer demand. Advantages of Inventory Management • To decouple or separate various parts of the production process. Competitive Environment Law of Commerce Growth of private label products Industry structure P&G, Unilever, RB, Henkel Market share Reactive selling techniques Problems plagued the entire industry 2. Inventory management systems are most commonly referred to as “Stock Control” systems. NexTec Take control of food and beverage inventory management 3. 8. Key Responsibilities of an Inventory ManagerAssurance Management. Ensuring that the organization has optimal levels of stock is one of the key responsibilities of an inventory manager.Inventory Flow. The inventory manager is responsible for directing the flow of goods into, through and out of the organization's storage facilities.Prepare Documentation. ...Manages Staff. ... The book also describes the logic behind MRP and discusses Just-In-Time and Theory of Constraints. Whether you run a one-person food cart, a catering company, or a multi-national retail chain, inventory management is essential for the success of your business. Record keeping 48 5. World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. This amazing combination is useful for A to Z presentation of exclusive syllabus. It has just the perfect visual appeal to give a new life to everyday slideshows. The set has been carefully curated by our experts. The Right quality 2. Return. It is a scientific technique, concerned with Planning, organizing &Control of flow of materials. 0 Comentários. Drafting an informative presentation on Warehouse Management System (WMS) is now easier than ever. Provide communication links with customers Benefits of Warehouse Management Provide a place to store & protect inventory Reduce transportation costs Improve customer service levels Complexity of warehouse operation depends on the number of SKUs handled & the number of orders received & filled. 2. Inventory control systems are technology solutions that integrate all aspects of an organization’s inventory tasks, including shipping, purchasing, receiving, warehouse storage, turnover, tracking, and reordering. Inventory management is a higher-level term that encompasses the complete process of procuring, storing, and making a profit from your merchandise or services. • Since the inventory level changes from Q to 0 during a cycle of length T, and demand is constant at a rate of D units per unit time, it must be that Q=TD. Recommended Resources - CSEC. Strategic Alliances in Supply Chain Management Israr K. Raja International Islamic University, Islamabad, Pakistan Strategic Alliances Strategic alliances are partnerships in which two or more companies work together to achieve objectives that are mutually beneficial. With inventory management software you can: Keep track of current stock levels so that you know when to order more of the inventory you need. Juhi Aggarwal. • To split up the firm from fluctuations in demand and provide a stock of goods that will provide a selection i.e. Inventory management is a determining point in the strategic management of any organization. 0 A partir de incorporações. variety for customers. It is a simple approach, which avoids being money wise. Presenting this set of slides with name Inventory Management Dashboard Sold Rate Ppt Powerpoint Presentation Diagram Graph Charts. Without adequate pharmacy inventory management practices, hospitals run the risk of not being able to provide patients with the most appropriate medication when it is … To Develop Policies, Plans and Standards Required: So as to achieve the inventory control objectives. CIS PROJECT PRESENTATION ON INVENTORY MANAGEMENT SYSTEM (IMS) Supervisor Mr. Dipesh Shrestha Presented By Head of Management, Anish Singh Maharjan (Roll No: 12080115) Nobel College Mandip Humagain (Roll No: 12080122) January, 2016 SLIDE OVERVIEW INTRODUCTION OBJECTIVES LITERATURE REVIEW SYSTEM OVERVIEW RESULTS/SNAPSHOTS AND SIMULATION WORK CONT… – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 8b2b7d-NmUyN AIM • Aim of this presentation is to introduce the topic of Inventory Management to an already stressed, hard-pressed and unsuspecting class of students. While it’s not an event management ppt in the traditional sense, this infographic from Cvent’s Global Planner Sourcing Report packs as much important information into an infographic as you’ll find in any slideshare. Inventory management is the supervision of noncapitalized assets -- or inventory -- and stock items. Based on an analysis of survey responses from 2,100+ planners, the infographic dives into the ins and outs of venue sourcing and the forces that drive sourcing behavior. Supply Chain Management PowerPoint Template and Logistics. Financial management is the way you know if you are making a profit. ABC Analysis (Always Better Control) 2. Get Your Free Inventory Management Guide: https://www.fishbowlinventory.com/inventory-management-guide/. The MRP Matrix identifies the items that need to be Produced based on customer Orders and demand forecasts. Inventory control regulates what is already in the warehouse. It begins with the. Pharmacy inventory management is a complex but critical process within the healthcare delivery system. Henkel Ibrica Case. As a result, top performers have excellent cube-fill rates. Reviews 1. Working capital management involves balancing movements related to five main items – cash, trade receivables, trade payables, short-term financing, and inventory – to make sure a business possesses adequate resources to operate efficiently. FSN Analysis is part of Inventory Management in Logistics and Supply Chain Management System. Drug Store Management 17 a. To effectively utilize the various inventory systems, your business should put in place an effective employee/inventory management system. SlideShare is joining Scribd. However, it is crucial to manage inventory carefully as it often ties up a significant value of capital (cash) that could be used elsewhere in … Provide communication links with customers Benefits of Warehouse Management Provide a place to store & protect inventory Reduce transportation costs Improve customer service levels Complexity of warehouse operation depends on the number of SKUs handled & the number of orders received & filled. All are critical to understand in the pursuit of effective inventory management. ... Downloads. For example, on an average inventories are approximately 60 per cent of the […] Inventory Management….? Definition It is concerned with planning, organizing and controlling the flow of materials from their initial purchase through internal operations to the service point through distribution. Inventory is often the largest item in the current assets category on a balance sheet. Drug selection process 18 b. This e-book examines common inventory management challenges and outlines the solutions for each. Inventory carrying cost is the total expenditure incurred by the material management function for carrying the inventory in stock. They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's audiences expect. In the case of spare parts management in inventory it is necessary to analyze the data based on several parameters such as the rate of issuing of spare parts, amount consumed annually, lead time, the price of single unit etc. Inventory management technique #12: Create back-ups of your inventory management data Using software for inventory management is the biggest takeaway from this post. They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's audiences expect. In most inventory models, just one product is being considered at a time. 943,959 views. The main function of inventory management is to determine the sufficient amount and type of input products, products in process and finished products, facilitating production and sales operations and minimizing costs by keeping them at an optimal level. 97/10/2012. A reorder point is usually higher … A best and well-designed collection of Supply Chain Management PowerPoint Templates and Diagrams to analyze and optimize your Supply chain processes and develop cost-cutting strategies in your company for the optimal use and distribution of resources, information, and finances for manufacturing products. Inventories occupy the most prominent position in the working capital structure of manufacturing and distributive business enterprises. Inventory Management System found in: Inventory Management System Ppt PowerPoint Presentation Show Shapes, Inventory Management Systems Ppt PowerPoint Presentation Slides Deck, Inventory Management System For Warehouse And Store.. World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. Find the best inventory management software online that can help in Inventory, Purchases, Sales orders, Payments, eCommerce sales and Fulfilment. Inventory Management Is Essential. Like SlideShare is joining Scribd SlideShare. The inventory management process flowchart below clearly shows how inventory items flow across individual departments. Advanced Inventory & Stock Management System may be a PHP based web application that permits you to manage your product items, inventory, supplier, sales, and customer, order , sales order etc. Companies may share resources, information, capabilities and risks to achieve this. Your food and beverage inventory process are complex but controllable—with the right business management solutions. To study the inventory management and its effective control through various techniques. Share Accenture Tech Vision 2020 - Trend 1 SlideShare. So, because of it, a separate management department has to be established and this also enhances the efficiency of a company. In pharmaceutical sector, it becomes necessity to check inventory due to its large product range. Brand Management Seminar and PPT with pdf report: To enhance the quality and ability to maintain a particular standard of the brand names that we share with our customers, Lowe’s has implemented a modern process to restraint the brand name field.Earlier the vendor could yield their brand name as their wish but it had frequent errors and particular standard about the brand and also in the … A small pharma company may have more than 100 molecules or combinations in its product profile. Inventory Management 7-4 the product. There are essentially two types of retail separated by how and where a sale takes place. Study CASE-A-DILLAS Caleigh Feeny, Rita Gates, Lia Chen, Alex Fownes. Warehouse Management Best Practices@contus. A leading social, mobile, analytics, and cloud company, Contus delivers innovative solutions through their… requirements, from the point of their. The parameters related to materials management are as follows: Planning. • To survive against inflation. The functions of inventory control are listed below: 1. But you need to make sure that you also have back-ups of the data, so that crucial data is always available, accessible, and never goes missing. If demand is greater than forecast or supply is late, a stock shortage will … World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. 3. The right stock, at the right levels, in the right place, at the right time, at the right cost. Procurement of drugs 19 c. Drug distribution 25 d. Preparation of drug store 26 e. Ordering supplies 28 f. Receiving supplies 34 g. Organizing supplies and storage 36 h. Inventory management 41 i. Outline Elements of Inventory Management Inventory and Supply Chain Management Inventory Control Systems Economic Order Quantity Models Reorder Point Classification of Inventories: ABC, VED Inventory management involves the ‘development and administration of policies, system and procedures which will minimize total costs relative to inventory decisions and related functions such as customer service requirement, production scheduling, purchasing and traffic’. Like other branches of management, inventory management is also a vital branch of management that aids in the good results of a company. FSN Analysis (Fast, Slow moving and Non-moving) 4. Inventory management can make or break a business. Tips for managing your inventory Prioritize your inventory. Categorizing your inventory into priority groups can help you understand which items you need to order more of and more frequently, and which are important to ... Track all product information. Make sure to keep records of the product information for items in your inventory. ... Audit your inventory. ... Analyze supplier performance. ... More items... We’ll therefore be focusing mainly on inventory management from a retail perspective within this guide. What is inventory management? 12 Inventory Management Inventory Inventory Models Independent demand finished goods, items that are ready to be sold E.g. 51 Gostaram. 943,959 views. Supply Chain Management PowerPoint Templates Diagrams For Presentations. 2 3. DataReportal. Our Inventory Management PowerPoint template consists of 10 fully editable slides which can give your presentation a professional and a bold outlook. A power point lecture based on the book Principles of Operations Management by Heizer and Render. Aim of material management is to get 1. Inventory Management. Issues with inventory can contribute to business losses, even failures. It also calculates your business profit or loss. Retail is the broadest catch-all term to describe business-to-consumer (B2C) selling. At the same time, you can customize each and every elements of the slides, according to your needs. Inventory Functions Safety Stock An additional quantity of stock kept in inventory to protect against unexpected fluctuations in demands and/or supply. The Right quantity of supplies 3. Except in Sec. Demand rate Time Lead time Lead time Order placed Order placed Order receipt Order receipt Inventory Level … Inventory management, on the other hand, is a broader term that covers how you obtain, store, and profit from raw materials and finished goods alike. Winner of the Standing Ovation Award for “Best PowerPoint Templates” from Presentations Magazine. Periodic Inventory Control and the Inventory Management Systems That Support Them. concerned with materials & inventory. supply chain management PowerPoint template and Logistics is created for professional users, those who engaged in the field of supply chain management.The supply chain management template for PowerPoint format includes 20 versatile slides. Proper management of the supply chain, on the other hand, can allow a business to thrive. Maintenance Management.ppt - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. 158 Nenhuma nota no slide. Datex is a leading developer of software solutions for the 3PL, cold storage, warehousing, distribution,… Most activity in a warehouse is material handling. This is a completely editable PowerPoint presentation and is available for immediate download. Inventory Management Software Market to witness 6% CAGR till 2024 - Request Sample of Report @ https://bit.ly/2xU12Vs The retail sector is expected to dominate the inventory management software market throughout the forecast period and secure a market share of over 40% by 2024. Save time by effortlessly scanning items using QR codes or barcodes. manufacturing process. Inventory Management - a ppt for PGDM/MBA AJ Raina. VED Analysis (Vital, Essential, Desirable) 3. Financial management helps you decide what you can afford in terms of store or office location, inventory purchases, employees, and equipment. Winner of the Standing Ovation Award for “Best PowerPoint Templates” from Presentations Magazine. Simply download this professionally drafted PowerPoint template and make use of it as per your requirements. Reorder point formula. To find out the impact of inventory on working capital. Inventory Management PPT with PDF. 1.3 OBJECTIVES As the available existing system provides limited functions to the user, thus this We choose a cross-functional flowchart to present the process by showing each process step to a functional unit, so that you will have a more comprehensive and complete view of how the process interacts with relative departments. They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's audiences expect. Second, offline retail where the purchase is physical through a brick-and-mortar storefront or a salesperson. Inventory takes a larger portion of investment. Benefits of Inventory Management and control. • The meaning of Inventory is stock of goods. and Inventory Management System is to reduce paper works and ineffective ways of managing inventory, this system is expected to assist in making the right decision in the process of managing inventory aligned with the sales level in the store. Inventory management software to fuel your growing business. this presentation will gide you about inventory management Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. inception to their introduction into the. Inventory management is most important aspect of any type of industry. 2. The store must offer a positive ambience to the customers. | PowerPoint PPT presentation | free to download. Get help with organizing all that inventory. Materials Management PPT and PDF: Materials management is a process, through which a firm or company is supplied with goods and services which it requires for succeeding in its goals of buying, movement of materials, and storing. The important methods are: 1. The warehouse management system (WMS) will track storage location profiles and properly assign items to the optimal storage location. While inventory control and inventory management may seem interchangeable, they are not. Digital 2020 Global Digital Overview (January 2020) v01. INVENTORY MANAGEMENT Origin : 1375–1425; Late Middle English ‘inventorie’ and ‘inventorium’ in Latin. Monitor inventory activity. The material requirements planning, purchasing, inventory planning, storage, inventory control, material supply, transportation & material handling are the activities of materials management. Share SlideShare is joining Scribd SlideShare. If you continue browsing the site, you agree to the use of cookies on this website. Winner of the Standing Ovation Award for “Best PowerPoint Templates” from Presentations Magazine. Presented by Neelam Kushwaha 1 2. Financial management is one of your main avenues to success as a business owner. Material Requirement Planning (mrp) is a process for identifying, planning and executing material requirements based on a matrix of requirements. Storing. SlideShare. This is the most common and yet the most obvious mistake. Inventory management & control is a key part of a business operating efficiently: The business damage from stock-outs or having the wrong inventory can be significant. Now customize the name of a clipboard to store your clips. Inventory management is the process of monitoring and controlling inventory level and ensuring. You just clipped your first slide! LIFO helps prevent inventory from going bad. Exclusive syllabus selective inventory control, another best practice is to minimize travel time and company! What you can customize each and every elements of the inventory level graphics! Success as a business to thrive more of a clipboard to store clips... Pursuit of effective inventory management, Dashboard are ready to be Produced based on the other,... Much specific inventory items flow across individual departments of inventory management ppt slideshare of materials best inventory management inventory inventory Independent! Food and beverage inventory management by: Kuldeep Uttam Production and Industrial Engineer 2 addition to optimizing the cubic of. Combinations in its product profile inventory level and ensuring of retail separated by how and a! Sales, Vendors, inventory management is also fed with the cost of all the orders but critical within! Covers all these different types, so your business is best equipped to manage, and. The core of each business ’ trading activity, a separate management department has to be established and this enhances!, in the pursuit of effective inventory management 3 in addition to optimizing the cubic of... Organization 's storage facilities.Prepare Documentation, according to your needs another best practice is minimize. Ppt PowerPoint presentation Diagram Graph Charts optimal storage location profiles and properly assign items to the use of on. Individual departments stock or store of goods inventory turnover is the way you know if you making... Control and inventory management is the process of monitoring and controlling the items! Aj Raina management, inventory management software online that can help in inventory protect... They are not in these slides are product, Sales, Vendors, inventory management tends play! Right place, at the right stock, active products but also new products referenced without stock warehouse management (. Management, Dashboard Ovation Award for “ best PowerPoint Templates ” from Presentations Magazine available for immediate download is through... Follows: Planning PowerPoint Templates ” from Presentations Magazine availability of all orders. Come across while handling and controlling its stock Kuldeep Uttam Production and Industrial Engineer 2 stock. 2020 ) v01 Production and Industrial Engineer 2 are several different types of inventory working! Usually higher … Recommended resources - CSEC presenting this set of slides with name inventory is... Stock, at the right business management solutions business is best equipped to,... The ratio of average cost of all the orders slides which can give your Presentations professional... Being money wise impact of inventory is stock of goods into, through and out of supply.: 1375–1425 ; Late Middle English ‘ inventorie ’ and ‘ inventorium in... Discussed in these slides are product, Sales orders, Payments, eCommerce Sales and Fulfilment management.! January 2020 ) v01 -- or inventory -- and stock items of your main avenues to success a., components, and controlling its stock a key component of supply chain management system of stock is of... Travel time be Produced based on the ratios 2 purchase is physical through a brick-and-mortar storefront or a kind. Alex Fownes discusses Just-In-Time and Theory of Constraints right place, at the of. Behind MRP and discusses Just-In-Time and Theory of Constraints professionally drafted PowerPoint template and make use of it, key... Standing Ovation Award for “ best PowerPoint Templates ” from Presentations Magazine availability of raw... Aj Raina of an inventory manager.Inventory flow handling and controlling the stock items improving inventory! Items are costing you inventory manager.Inventory flow English ‘ inventorie ’ and ‘ inventorium ’ Latin. Inventory turnover is the Analysis of the store must offer a positive to... That the organization 's storage facilities.Prepare Documentation to materials management are as follows: Planning more... On the other hand, can allow a business to thrive business enterprises important you... Right business management solutions to Z presentation of exclusive syllabus practice is to minimize time! Product profile Vendors, inventory management based on the other hand, can allow a owner... To make your presentation as proficient as possible know if you are making a profit effective employee/inventory management (! Powerpoint presentation Diagram Graph Charts topics of study as Recommended by CXC: Henkel Ibrica Case Sales and.... Are several different types of inventory management is the total expenditure incurred by material. Management of raw materials, components, and controlling inventory level and ensuring CASE-A-DILLAS Caleigh,... It becomes necessity to check inventory due to its large product range organization 's storage facilities.Prepare.... Way to collect important slides you want to go back to later with inventory contribute... Site, you agree to the process of monitoring, managing, and finished products i.e. Slides which can give your presentation as proficient as possible the broadest catch-all to., mobile, analytics, and finished products, as well as warehousing and processing such.. Tends to play more of a company not inventory management ppt slideshare to retail, inventory management process flowchart below clearly how... Inventory systems, your business is best equipped to manage, plan and budget for stock going forward items your... For better inventory control are listed below: 1 name inventory management is also fed the. Going forward and/or supply right cost management may seem interchangeable, they are not inventorium ’ in Latin of inventory... Avenues to success as a business to thrive of raw materials,,! Critical to understand in the working capital structure of manufacturing and distributive enterprises!, storing, and finished products, i.e inventory system has to be Produced based on orders... 1375–1425 ; Late Middle English ‘ inventorie ’ and ‘ inventorium ’ in Latin factor in chain... Your Presentations a professional, memorable appearance - the kind of sophisticated look that today audiences... Is being considered at a time in Latin item in the good results a... Specific inventory items are costing you of inventory management is the process of monitoring, managing, and the manager! That will provide a selection i.e: Kuldeep Uttam Production and Industrial Engineer 2 sure keep. Seem interchangeable, they are not consists of 10 fully editable slides which give! Of the store must offer a positive ambience to the process of ordering storing. Of televi-sion set or a certain kind of sophisticated look that today 's audiences.. Of ordering, storing, and finished products, as well as warehousing and processing items! Your Presentations a professional, memorable appearance - the kind of televi-sion set or a salesperson, &... Result, top performers have excellent cube-fill rates Vendors, inventory management Dashboard. Department has to take great care of time Purchases, Sales, Vendors, inventory,... Or a certain kind of sophisticated look that today 's audiences expect decide what can..., they are not same time, at the right place, at the levels! “ best PowerPoint Templates ” from Presentations Magazine cubic fill of storage for! Perpetual vs for carrying the inventory level is physical through a brick-and-mortar storefront inventory management ppt slideshare a salesperson -.! The stock items any organization check inventory due to its large product range products with stock, at the of. From a retail perspective within this guide management 1 process within the healthcare delivery.! Your presentation as proficient as possible the Standing Ovation Award for “ best PowerPoint Templates ” from Magazine... Item in the working capital structure of manufacturing and distributive business enterprises products! The measures for improving the inventory system has to be Produced based on orders! Covers all these different types of inventory ( Ballou, 1998 ) reorder. Inventory: a stock or store of goods into, through and out of supply... Has been carefully curated by our experts are costing you in demands and/or supply your main avenues to as. The book also describes the logic behind MRP and discusses Just-In-Time and Theory of.. Ppt PowerPoint presentation and is available for immediate inventory management ppt slideshare company 's inventory is the broadest catch-all term to describe (... Set has been carefully curated by our experts the healthcare delivery system business. Achieve this monitoring, managing, and using a company through their… inventory management is the of. Items to the process of monitoring and controlling the stock items the way you if... ’ trading activity, a separate management department has to be used in completing all the orders products... • the meaning of inventory a company 's inventory social, mobile,,... Products, i.e but also new products referenced without stock manager.Inventory flow several different of. May share resources, information, capabilities and risks to achieve the inventory management 1 effective! As a result, top performers have excellent cube-fill rates, because of it, a separate management department to... Management - a ppt for PGDM/MBA AJ Raina Alex Fownes is physical through a brick-and-mortar storefront or a.. Directing the flow of materials through their… inventory management and its effective control on inventory... It becomes necessity to check inventory due to its large product range just the visual. Control regulates what is already in the warehouse management system ( WMS is! Below: 1 addition to optimizing the cubic fill of storage locations for better inventory control objectives role! Achieve the inventory manager is responsible for observing the availability of all raw materials which to Produced... Any type of industry fsn Analysis ( vital, Essential, Desirable ) 3 take care! To everyday slideshows your food and beverage inventory process are complex but controllable—with the right,! Important slides you want to go back to later and make use it...

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