Professional Documents
Culture Documents
Lectuer 2
Lectuer 2
Inventory
Management
SAQLAIN ABBAS
Product Life Cycle Stages
What is SC Triangle? • Product portfolio/Assortment
• Target service level
• Lead time
SERVICE • Reliability
• Order Flexibility (e.g. MOQ)
• Consignment stocks
CASH COST
Inventory
Working Capital
Warehousing
Logistics
Manufacturing
Purchasing
SERVICE
Higher • Product leadership
services • Highest complexity
• Highest risk
• Customer intimacy
• Operational excellence
• Simplicity drives efficiency
COST
INVENTORY
Lower Cost
Higher turns
Key Challenges