Master Inventory Management: In-depth Guide to Reducing Costs and Optimizing Supply Chain
Vložit
- čas přidán 28. 08. 2024
- In this video, Ryan Chan, CEO and Founder of UpKeep, deep dives into the complexities of Inventory Management, an essential aspect of Facilities Management.
Topics covered in the video include:
- Understanding the basics of Inventory Management
- The difference between Just-In-Time inventory method and Materials Requirements Planning system
- Explanation of Inventory Control and its significance
- The impact of Quality Control on Inventory Management
- The importance of Organizational Control in managing stock levels
- An overview of reordering and economic order quantity formulas
- The benefits of an Inventory Control System
- Different types of Inventory Management Systems: Manual, Periodic & Perpetual
For more insights and information, visit upkeep.com. Make sure to subscribe to our channel for regular updates and expert advice.