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PRESENTATION

ASSIGNMENT

INVENTORY
CONTROL INVENTORY
MANAGEMENT

WAREHOUSE TASKS
AND ACTIVITIES EOQ
Learning Outcomes

Storage Warehousing

Inventory questions
Managem
ent
What to Include in an
Inventory?

Goals: Understanding why


Scope:  Determining which
you’re doing the audit and
areas of the site or
what you intend to do
particular date ranges
with the results can help
focus this activity and should be captured is
make it less important. 
overwhelming.
Content Inventory Cost

A content inventory is a list of all the


content on your site

Your inventory will typically include text,


images, documents, and applications

To gain insight from your inventory, you


will need to assess each piece of content

Doing so will help you understand what is on


the site, if it is located properly, and whether
content is up-to-date
Turning an Inventory into an Meaningful Audit
Turning the raw data in your inventory into something useful requires someone to actually go through
each piece and perform an assessment.  The type of assessment you choose to conduct depends on what
you are hoping to learn.

What pages should be removed Which content needs to be written due to gaps

1 2 3 4

Whether content need to be revised


Where content should be mapped to if being moved or if it requires redirects
Unique Content ID
Title
URL
to note what information to include.  Although

File Format (HTML, PDF,


inventories vary in what they capture, most include

DOC, TXT…)
the following raw data for each piece of site content
Once goals and scope are determined, you’ll be able

Author or Provider

Physical location (in the


content management
system, on the server, etc.)
Meta Description

Meta Keywords
Categories/ Tags
Dates (created, revised,
accessed)
IF THE LEAD TIME IS CONSTANT AND THE ANNUAL
DEMAND IS 6000 UNITS FOR A COMPUTER
RETAILER. THE PER ORDER COST IS $200 AND THE
UNIT PURCHASE PRICE IS $ 200. THE UNIT
STORAGE IS 5% OF THE PURCHASE COST. WHAT IS
EOQ?
                                                                                  
What is Inventory Costs?
Inventory costs are the costs
associated with the procurement,
storage and management of
inventory. It includes costs like
ordering costs, carrying costs and
shortage / stock out costs.

Inventory costs can be


categorized into three sub
headings-
Ordering cost of inventory refers to the cost incurred for procuring
inventory. It includes cost of purchase and the cost of inbound logistics. In
order to minimize the ordering cost of inventory we make use of the
concept of EOQ or Economic Order Quantity.

Carrying cost of inventory refers to the cost incurred towards inventory


storage and maintenance. The inventory storage costs typically include the
cost of building rental and other infrastructure maintained to preserve
inventory. The inventory carrying cost is dependent upon and varies with
the decision of the management to manage inventory in house or through
outsourced vendors and third party service providers.

Shortage or stock out costs and cost of replenishment are the costs


incurred in unusual circumstances. They usually form a very small part of
the total inventory cost.
Formula and Calculation of
Economic Order Quantity (EOQ)

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INFOGRAPHIC PRESENTATION
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Success Communication
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Business
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Big Data
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ANSWER

USD 200
INFOGRAPHIC PRESENTATION
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Warehouse
Location

Warehouse
Design

Types of
Warehouses
TOPIC COVERED

Warehouse Warehouse Tasks


Components and Activities

Order Inventory
Picking Management

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