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Inventory and Inventory Management (ID # 40945)
Stocking inventory is an expensive proposition for most companies. Service trucks, installation vehicles, warehouse parts and materials inventory, it all adds up to a use of the company capital. Learn about the basics of stocking versus not stocking and quantify the costs to your company of either option.
Materials management and areas such inventory replenishment are critical to improving productivity, and ultimately profitability. Learn about the basic systems and procedures that may help your materials management practices become more efficient and help your company become even more profitable.
If you're not entirely certain about all the inventory management concepts today, spend some time and get acquainted with the material and inventory management systems, terms, and processes. There is much too know, but this material explains the basic principles so you can improve your company material management processes.