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picture1_Slideshare Management 75346 | Inventory Management


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File: Slideshare Management 75346 | Inventory Management
inventory objective value last month s earnings 60 000 00 divide by last month s number of operational days 30 equals average daily earnings 2 000 00 times target days ...

icon picture PPTX Filetype Power Point PPTX | Posted on 02 Sep 2022 | 3 years ago

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Partial capture of text on file. 
                                    INVENTORY
      MEANING
      • held for SALE
      • Consumed in the PRODUCTION of 
          goods/services
       Forms of Inventory for Manufacturing Comp.
                        Raw materials, Work in process, 
                        Finished goods and stores & spares
    Inventory Management- objectives
  • minimize investments in inventory
  • meet the demand for products by 
   efficiently organizing the production & 
   sales operations
  COSTS OF HOLDING INVENTORIES
  • Ordering costs
  • Inventory Carrying costs
  • Opportunity costs of funds blocked
  • Shortage
   RISK OF HOLDING INVENTORY
  •  Price decline
  •  Product Deterioration
  •  Product Obsolescence
   TOOLS & TECHNIQUES OF INVENTORY 
       MANAGEMENT/ CONTROL
  •  ABC Analysis
  •  Economic Ordering Quantity (EOQ)
  •  Order Point Problem
  •  Two Bin Technique
  •  VED Classification
  •  HML Classification
  •  SDE Classification
  •  FSN Classification
  •  Order Cycling System
  •  Just In Time (JIT)
The words contained in this file might help you see if this file matches what you are looking for:

...Inventory objective value last month s earnings divide by number of operational days equals average daily times target inventoryx surplus ending minus dss notes if the dining facility was not open previous eom will show as a had less than lunch headcount for is increased reducing do it over period months time don t start running out food must first establish good menu planning ordering and control procedures key step cycle central management document around which whole service operation revolves certain or weeks that repeated after set amount accounting date all items with received check dates in ration storage areas on routine basis to determine they are being used within day may no longer be have limited use spv sizes too big careful about prime vendor package distribution fees dfac orders rations without checking boh due ins outs automated excel disposition subsistence track tracking next look at monthly inventories receipts kitchen requisitions afmis coded b c your balance right le...

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Category: Uncategorized / Uncategorized
Posted on: 02 Sep 2022 | 3 years ago
Tag: download pptx, inventory, management,
Filetype: PPTX
File size: 0.11 MB
Views: 158x
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