Inventory Management UNIT 17 INVENTORY MANAGEMENT Objectives Upon completion of this unit, you should be able to: • understand the meaning of inventory and identify inventory related cost parameters • learn about various types of inventory policies • appreciate the role of selective inventory management • know the exchange curve concept for aggregate inventory planning • get a feel of some mathematical models of inventory analysis • perform sensitivity analysis on a type of model • compute safety stocks • understand the problems of slow moving items • appreciate the role of computers in inventory control • have a brief ...
Industrial Control Systems (ICS) Inventory Methodology Contents Executive Summary ....................................................................................................................................... 3 Why is an ICS inventory necessary ................................................................................................................ 5 Who should perform this inventory activity ................................................................................................. 5 When is an inventory necessary ................................................................................................................... 5 ICS Component types that will be inventoried ............................................................................................. 6 Inventory Results – Storage and Protection ................................................................................................. 6 ICS Component Inventory Methodology Levels ........................................................................................... 6 Conducting an ICS Inventory ......................................................................................................................... 8 Logical Inventory ....................................................................................................................................... 9 Physical inventory ................................................................................................................................... 10 Tools required to conduct an ICS inventory activity ................................................................................... 10 Appendix 1- HQDA EXECUTE ORDER 002-13 .............................................................................................. 11 Appendix 2 - ICS Components Subject to Inventory ................................................................................... 15 2 Executive Summary The development and implementation of this Industrial Control Systems (ICS) ...
Basic Business Finance 11.1 Inventory Management LESSON-11 INVENTORYMANAGEMENT 11.0 Objective : After studying this lesson, you should be able to: * understand the nature and objectives of inventory management. * knowthemotivesofholdinginventoryin a manufacturing firm * reveal the undesirable consequences of excessive levels of inventory. * identify the functions and characteristics of inventory. * explain the techniques and strategies of inventory management. * suggest the measures for the effective management of inventory Structure 11.1. Introduction 11.2. Types of Inventories 11.3. Motives for holding inventories 11.4. Need for Inventory 11.5. Characteristics of inventory 11.6 ...