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Applicazione delle operazioni di gestione sistemi: gestione inventario

  • Note di Apprendimento
  • Revisione degli argomenti
    Tashika B.
    US
    Tashika B.

    Inventory management is needed to cut their losses.

    Alice B.
    GQ
    Alice B.

    What can possibly be the disadvantage of inventory management?

    Yasir Zacharia J.
    SD
    Yasir Zacharia J.

    Goods that are kept for production process plan known as inventory in which operations managers perform a great role in this inventory, in and out stock should be known to avoid expenditure to the organization for example insurance, spaces, stocktaking cost and tied up capital.

    Hermina S.
    LC
    Hermina S.

    What would be considered as vital criteria in planning a good inventory system?

    Sunday O.
    NG
    Sunday O.

    knowing to carry out your inventory in organization help you to know your weak link

    Rodger B.
    ZM
    Rodger B.

    Inventory management is important in any organisation.Finished inventory is the actual product that is ready for sale.It is money in goods form.Same as work in progress,it has some value that is in between finished Inventory and Raw material,that will eventually

    Thomas Haingura M.
    NA
    Thomas Haingura M.

    Inventory management is vitally important to organisations because inventory sitting idly on the factory floor or in the warehouse is, in fact, costing the organisation money in terms of insurance, deterioration, space, stocktaking costs, handling costs and tied-up capital. Current inventory management information systems allow for close inventory control but with the capacity to meet customer needs on demand. No excess inventory is needed by an organisation if an efficient control system is adopted.

    Franklin B.
    AE
    Franklin B.

    Inventory management responsible for monitoring for inventory of finished product and all the materials needed in the organization specially in production.it helps the organization for budgeting their material costs and have a good cycle of materials..

    Odongo M.
    UG
    Odongo M.

    Business Management -> Application of operations management systems: inventory management Inventory management An effective operations management system will not only involve planning the operations but also controlling the costs associated with these operations. These costs may be classified as either direct or indirect costs. Direct costs are those costs directly related to output and in direct proportion to that output level e.g. supplies and employee costs. Indirect costs are those costs that are incurred irrespective of output levels e.g. rent and other related occupancy costs. Management of organisations must pay particular attention to the costs associated with the availability, purchase price and quality of its resources. A large portion of the operations manager's job thus consists of inventory management. Inventory is defined as the goods that an organisation keeps on hand for use in the production process - finished goods prior to delivery, work in progress and raw materials. These forms of inventory may be defined as follows: finished goods inventory includes items that have passed through the entire production process but have not yet been sold. This form of inventory is expensive because the organisation has invested labour costs and other related costs to make the finished product but as yet it has not been sold. work-in-progress inventory includes the materials moving through the stages of the production process that are not yet completed products. raw materials inventory includes the basic inputs to the organisation's production process. This form of inventory is the cheapest because the organisation has not yet invested labour in its conversion or transformation. Inventory management is vitally important to organisations because inventory sitting idly on the factory floor or in the warehouse is, in fact, costing the organisation money in terms of insurance, deterioration, space, stocktaking costs, handling costs and tied-up capital. Current inventory management information systems allow for close inventory control but with the capacity to meet customer needs on demand. No excess inventory is needed by an organisation if an efficient control system is adopted.

    Ebenezer Teye N.
    GH
    Ebenezer Teye N.

    Effective operations management is not only planning operations but also controlling cost associated with operations. Inventory is good that an organization keep during the production process, finished goods kept before is sold, and raw materials. The definition of inventory above brings out the forms of inventory an organization keeps. 1. Finished goods inventory 2. Work in progress inventory 3. Raw material inventory.

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