INM - Inventory Management

The cost of maintaining excessive inventory usually far outweigh the true cost of not being able to quickly deliver a particular item to a customer once in a very long while. A balance must be struck between inventory levels and turnover. Good inventory managers know what stock moves at what rate. They carefully plan re-order levels to ensure that the chances of running out are minimized while the turnover rate is maximized. 
 

1. The Concept
2. Assessing the Quality and Competency of Staff
3. Manual to Automated System
4. Developing a Strategy for Improvement
5. Achieving and Maintaining Inventory Accuracy
6. Stock Location Management
7. Action Plans for Developing an Effective Team
8. Shipping and Receiving Operations