PPT-1 6 Inventory Management

Every management mistake ends up in inventory Michael C Bergerac Former Chief Executive Revlon Inc. Sparkling wines are made all over the world, but true cham­pagne is only made in the cham­pagne region of France. The grapes used are Chardonnay,Pinot Noir and Pinot munier. MANAGEMENT,. LEAN and Finance. John Carrico. What is inventory?. Inventory is anything that is purchased and held (stored) prior to use/need. product on-hand, current asset that has been acquired by cash (or payables) and is yet to be consumed. 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. Presented by the . Equipment Inventory Office. 2012. When and where they went. All inventories were mailed to departmental inventory contacts on May 3. rd. .. Department heads are notified via email as an audit requirement. Chapter 13. Learning Objectives. Define the term . inventory. List the different . types of inventory. Describe the main . functions of inventory. Discuss the main . requirements for effective inventory management. After . studying, . you should be able to:. List the key factors that can be varied in a firm's credit policy and understand the trade-off between profitability and costs involved. . Understand how the level of investment in accounts receivable is affected by the firm's credit policies. . Dr. Ron . Lembke. Purposes of Inventory. Meet anticipated demand. Demand variability. Supply variability. Decouple production & distribution. permits constant production quantities. Take advantage of quantity discounts. Automated Control System. Presented by: Louis “. Lontrell. ” Harris. Asset Management Coordinator. Property & Asset Management (P.A.M.) Program. Phase 1 - District-wide Property Inventory. Phase 2 - . Dr. Ron Tibben-Lembke. Purposes of Inventory. Meet anticipated demand. Demand variability. Supply variability. Decouple production & distribution. permits constant production quantities. Take advantage of quantity discounts. Chapter 18. Supply chain vs. Logistics . Supply chain management. Supply chain management, then, is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. . Why Implement? Time & $$$!!!. Our old physical inventory process would take all day Friday and Saturday to complete and involved over 250 people. With CISTECH‘s RF Physical Inventory solution we completed our physical inventory in 6 hours... Module Six: . . Global Inventory Management. 1. Presentation Agenda. Inventory management defined. Strategic considerations for I.M.. Operational activities. Economic Order Quantity & Period Order Quantity. Transportation Services. December 2014. Craig Warren. Transportation Consultant. Inventory . Training Module 5. Inventory Issue Process . Service Vehicle Inventory Replenish. Issue Processes. TD18. TD18W. Athletics. . Ireland. Athletics Ireland is the National Governing Body for athletics in Ireland. Our primary objective is to promote and develop the sport at every level from recreational running and school’s competitions through to supporting...