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Inventory Controllers
 

For People who are into the field of inventory control and want to find out what are the new methods and technological advancements in thie area of business.

Tags:

inventory contril, supply chain, manufacturing, logistics

Category: Business Area
Industries: Retail Chain/Logistics
Functional Areas: Logistics & Supply Chain
Moderation:  All Members
Visibility: Everyone
Members: 451
Jobs: 31
Articles: 29
Questions: 37
Debates: 16
Idea Contests: 7
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As per me the supply chain system should have a strong and accurate data base on the followings 1. Customer Forecast 2. Forecasted Run rate and Actual Run rate 3. Optimum Inventory 4. Need not be last but good coordination and proper communication with...
Yes i agree that we you really wants to improve your warehouse procurement you have to use automation but strategically which means first you have to identify the key activities which can be done more efficiently with potential automation.Otherwise...
Channel partnership There are constraints to channel partnership in India 1. POS information not quickly shared with Distributor 2. Bull whip effect due to no proper demand forecasting and inventory management techniques 3. Lack of information and...
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Is there any specific system for despatch for domestic export.
Argument added by Raveesh Trivedi, Credit/Control Manager SSS  | 2 years ago
 JIT is not useful in recession. i beleive in recession one should have extra inventory to tap the price fluctuation. JIT is useful when fluctuation in cost is minimum.
Agree with all above points. Apart from, for a successful S OP, we need to focus on our business vendors/suppliers operations. It is essential for a planning team to efficiently coordinate with suppliers in a supply chain to achieve those objectives...
Idea added by Ajit Khan, Sales/BD Manager, Future Group  | 3 years ago
According to me not only Information replaces inventory, but also effective forecasting of the demand that will be there in the market replaces inventory, with the technology and tools at hand one is able to generate the exact and specific demand that...
Yes, surely this will be the 1st step for the effective control on Inventory.  One should know theexact facts and figures of the Inventory and prospect of the respective item.  In longer run,change in Inventory ownership affect the Order Cycle,...
Idea added by Vijay Sharma, Logistics Manager, Reliance retail  | 3 years ago
Business Intelligence solutions for inventory management will help reduce holding cost and can give perfect analysis on movement of inventory thus the planning will be done perfect.
Idea added by Akhilesh Majumdar, Logistics Manager, Tesco  | 3 years ago
How does one analyze how quickly inventory has been consumed after it was purchased? This could give a good indication of the entire procurement process. If the inventory was purchased and consumed after many days, it may mean that the organization is...
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