Types and quantities of reserve materials
The primary task of inventory management is to determine the types and quantities of materials to be stored, which is the basis of inventory management. Enterprises need to determine the types and quantities of reserve materials according to production demand, market demand, historical data and other factors to ensure that they can meet the demand in production and sales. Unreasonable types and quantities of reserved materials will lead to enterprise capital waste and inventory backlog.
Procurement and warehousing management
Procurement and warehousing management is a very important part of inventory management, including supplier selection, procurement planning and procurement process management. At the same time, warehousing management is also very important, including the quality and quantity inspection of warehousing materials, the management of warehousing documents and the record of warehousing time. Improper procurement and storage management will lead to material quality problems and inventory backlog.
Inventory monitoring and safety stock setting
Inventory monitoring is a very important link in inventory management, which can help enterprises to know the inventory situation in time and avoid overstock or shortage of inventory. At the same time, the setting of safety inventory is also very important. Safety inventory refers to the minimum inventory that an enterprise must maintain under normal operation. The setting of safety stock needs to consider many factors such as production cycle, supply cycle and sales forecast.
Inventory turnover rate and unsalable goods management
Inventory turnover rate refers to the ratio of sales to inventory in a certain period, which is an important index to evaluate whether inventory management is reasonable. The higher the inventory turnover rate, the more effective the inventory management of enterprises. At the same time, the management of unsalable goods is also an important part of inventory management, which can help enterprises to deal with unsalable goods in time and avoid inventory backlog.
Inventory cost and inventory management
Inventory cost refers to the cost that an enterprise needs to reserve materials, including procurement cost, storage cost and transportation cost. Inventory cost management needs to consider various factors, such as material type, storage time and storage method. At the same time, inventory management is also an important part of inventory management, which can help enterprises to know the inventory situation in time and avoid financial risks.
In a word, inventory management is a very important work in enterprise operation, including the types and quantities of reserved materials, procurement and warehousing management, inventory monitoring and safety inventory setting, inventory turnover rate and unsalable goods management, inventory cost and inventory management. Enterprises need to make a reasonable inventory management plan according to the actual situation and demand to ensure the production efficiency and economic benefits of enterprises.