LOGISTICTS

P.P.T.
R.no. Name
06 Kshitij Anand
37 Vikas Gohil
52 Imran Kulariker
75 Archana More
77 Priyanka more
85 Pooja Ojha
166 Mahesh Ingle
SELECTIVE INVENTORY
CONTROL TECHNIQUES

1. What is Inventory?
-- any stock of materials or economic resources, which can stored
for further use.( refers to R.M., WIP, FG, etc)
WHY INVENTORY
TECHNIQUES ?
1. To save time
2. To save money
3. To maximize profit
Types of Inventory control
Technique

 VED (vital, essential, desirable items)

 SDE (scarce, difficult, easy)
 GOLF (govt., ordinary, local, foreign)
 SOS (seasonal, off-seasonal)
 FSN (fast, slow, non-moving)
VED(vital, essential, desirable items)
applied for spare parts to store for maintenance

• vital -- those part, which can stop plant.

• essential -- not adversely affect production.

•Desirable -- part which not necessary to stock

SDE(scarce, difficult, easy)

•Scarce --not easily available in market

•Difficult --difficult to find in market

•Easy --easy to available

GOLF(govt., open mrkt, local, foreign)

•Govt. -- channelized govt. agency & can’t apply any

inventory technique
•Open mrkt. -- form bulk of suppliers
•Local -- local supplier
•Foreign -- import procedure involve
SOS (seasonal, off-seasonal)

•Seasonal -- buy in season @ low cost

•off-seasonal -- store some for the off-seasonal

FSN (fast, slow, non-moving)

•Fast -- drawn frequently from store

•Slow -- drawn infrequently from store

Thank
“U”