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Managing Inventory Flows in The Supply Chain
Managing Inventory Flows in The Supply Chain
Managing Inventory Flows in The Supply Chain
Inventory:
The number of units and/or value
of the stock of goods held by a
company
Inventory:
Raw materials, work in process,
finished goods, and supplies
required for creation of a
company's goods and services.
Inventory flow
Represents the system companies
use to move consumer products or
raw materials through the
company.
Price discounts
Result in trade-offs between large
stored.
Work-In-Process inventory is
materials that have been partially
converted through the production
process. These items are typically
located in the production area.
goods.
Varies according to the value of
the goods.
firm.
Due to obsolescence, damage,
tracking.
Preparing and processing
equipment
Group A.
Lesser impact goods put in
any asset.
Debate on inventory valuation at
any asset.
Chapter 6 Management of Business Logistics, 7th Ed. 107
Table 6-6 Summary of Inventory
and Cost Information
Capital 12 %
Storage space 2
Inventory service 3
Inventory 8
Total 25 %
and variable.