inventory
2024-08-29 11:53:51 0 Report
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This mind map serves as a comprehensive guide to understanding inventory, a critical asset for any company. It highlights the definition of inventory, which encompasses goods, commodities, and raw materials essential for production and sales. The map explores the purpose of inventory, emphasizing effective capital utilization, smooth sales and production, and prompt market response. It also addresses inventory management strategies, including control methods and optimization techniques, to reduce costs and enhance efficiency. Additionally, the mind map delves into information management and data analysis, ensuring businesses can maintain sustainable development and adapt to market changes effectively.
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Outline/Content
The basic types of inventory
raw material inventory
Classified by type of material
Metal raw materials
non-metal raw materials
Categorized by storage conditions
Room temperature storage
Cold storage
Finished goods inventory
Categorize by product series
Electronics series
Home Goods Series
Categorized by sales channel
Online sales inventory
Offline sales inventory
Inventory management strategy
Inventory control method
Regular inventory method
Monthly inventory check
Quarterly review
Safety Stock Method
Set the minimum inventory level
Dynamically adjust inventory levels
Inventory optimization strategy
Reduce inventory backlog
Promotional clearance sale
Product upgrade and iteration
Improve inventory turnover rate
Optimize the supply chain process
Strengthen sales forecasting
Information management of inventory
Inventory Management System
System Function Introduction
Stock Management
Output: Outbound Management
Inventory Inquiry
System implementation steps
requirement analysis
System selection
Training上线
Inventory data analysis
Inventory Turnover Analysis
Monthly turnover rate
Annual turnover rate
Inventory cost analysis
Procurement cost
Holding cost
The definition of inventory
Inventory is one of the largest and most important assets a company owns. It refers to goods, items, commodities, and parts that are for sale, as well as raw materials used in production or for repairing products to generate profit.
The purpose of inventory
I. Effective Utilization of Capital
Prevent capital stagnation: avoid long-term backlog of excess materials and ensure that funds can circulate in a virtuous cycle to generate profits.
II. Ensure the smoothness of sales and production
Maintain the minimum inventory level: Ensure that sales flow can proceed smoothly, with the inventory of products reaching the minimum limit that does not lead to insufficient stock, avoiding the accumulation of capital.
Promote production: Inventory serves as an important means to ensure material supply during the production period, which helps to reduce the rate of material shortage and promote the continuity and stability of production.
III. Respond promptly to market changes
Master inventory status: By monitoring inventory in real-time, companies can adjust production and sales plans promptly to avoid overproduction or shortages.
Adapt flexibly to market demands: In a fiercely competitive market environment, efficient inventory management enables enterprises to respond quickly to changes in market demand, providing stable and timely supply services, thereby increasing customer satisfaction and market share.
IV. Reduce Operating Costs
Save on inventory costs: Properly maintaining inventory levels can save on storage expenses, alleviate financial pressure, and improve operational efficiency.
Optimize resource allocation: Through reasonable inventory planning, companies can avoid resource waste, ensure the smooth progress of production and sales, thereby reducing overall operating costs.
V. Achieve sustainable development
Reducing resource waste: Reasonable inventory management helps to reduce resource waste and environmental pollution, aligning with the concept of sustainable development.
Optimize the supply chain: By optimizing the supply chain and procurement strategies, companies can reduce carbon emissions and energy consumption, contributing to the construction of a green, low-carbon future.
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