1. Inventory Management for Sewing Machines: Maintaining the proper levels of raw materials (e.g.

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metal parts, electronic components, fabrics), work-in-progress (partially assembled sewing
machines), finished goods (completed sewing machines ready for sale), and spare parts/accessories
(needles, bobbins, threads, etc.) is essential for a sewing machine business. The goal is to maintain a
consistent supply to fulfill customer demand while minimizing excess inventory and its related
holding costs.

2. Inventories Based on Nature:

- Raw Materials Inventory: Metal, plastic, electronic components, fabrics, etc. used to manufacture
the sewing machines.

- Work-in-Progress Inventory: Partially assembled sewing machines at different stages of the

production process.

- Finished Goods Inventory: Completed sewing machines ready for sale.

- MRO (Maintenance, Repair, Overhaul) Inventory: Spare parts, accessories, and consumables
needed to maintain and repair the sewing machines.

3. Types of Inventories for Sewing Machines:

- Raw Materials Inventory

- Work-in-Progress Inventory

- Finished Goods Inventory

- MRO (Spare Parts and Accessories) Inventory

4. Inventory Management Needs for Sewing Machines:

- Ensuring a steady supply of raw materials to maintain production levels and meet customer
demand.

- Optimizing work-in-progress inventory to maintain a smooth production flow.

- Maintaining the right level of finished goods inventory to fulfill orders in a timely manner.

- Managing the MRO inventory to provide spare parts and accessories for after-sales service and
support.
- Minimizing excess inventory and associated holding costs across all inventory types.