The relationship between logistics management and inventory management

1. Different management methods.

Inventory management management methods are merchant managed inventory (VMI), customer managed inventory (CMI), and joint inventory management (JMI).

Inventory management methods are ABC method, JIT method, EOQ method, and MRP method.

2. The goals are different.

Inventory management objectives: the lowest cost, the highest degree, no shortage of stock, limited funds.

Inventory management objectives: try to make trade-offs between various costs and inventory benefits to achieve the best combination of the two, which is the goal of inventory management.

Warehouse management is characterized by a relatively large amount of information processing. There are many kinds of materials and equipment under management, and due to the large amount of documents such as warehousing orders, outbound orders, and demand orders, there are many related information, and the ways of query and statistics are different. Therefore, it is difficult to achieve in management.

In the process of management, there are often problems such as repeated transmission of information, a wide variety of documents and reports, and inconsistent management specifications of various departments.

Warehouse management, also known as warehouse management, referred to as WM, refers to the effective control of the receipt and delivery of warehousing goods, balance and other activities, its purpose is to ensure the integrity of the warehousing goods for the enterprise, to ensure the normal progress of production and business activities, and on this basis, the activities of various types of goods are classified and recorded, and the status of the warehousing goods in terms of quantity and quality is expressed in a clear chart, as well as the current geographical location, department, A comprehensive form of management of order ownership and warehousing dispersion.

Inventory management is mainly: "the business related to the planning and control of inventory materials", with the purpose of supporting production operations.

2.Difference from warehouse management: Inventory management contentWarehouse management is mainly aimed at the layout of warehouses or warehouses, the management of material transportation and handling, and storage automation; The object of inventory management is inventory items, that is, all materials in the enterprise, including raw materials, parts, work-in-progress, semi-finished products and products, as well as auxiliary materials.

The main function of inventory management is to establish a buffer zone between supply and demand, so as to alleviate the contradiction between user demand and enterprise production capacity, between final assembly demand and spare parts, between parts processing processes, and between manufacturer needs and raw material suppliers.

Generally, warehouse management includes inventory management. We are a grain and oil company, and now we use the Blue Soft Warehouse Star 5000 to manage the warehouse, which feels okay, simple to operate, and practical.

Warehouse management: people, items, data.

Inventory management: items, data.

1. Definitions.

2. Inventory management is a comprehensive process of operationalizing the manufacturer's inventory policy and the inventory policy of the value chain.

Second, the role. 1. The role of inventory management:

1) Seek the effective use of capital. If there is a long-term backlog of excess materials, it is the most troublesome thing for the normal operation of funds. It is necessary to prevent the rigidity of funds, and only by carrying out a virtuous cycle of funds can profits be generated.

2) Maintain a minimum amount of inventory to ensure that the sales flow can be carried out smoothly, so that the amount of inventory products can reach a minimum level that will not lead to insufficient inventory, and avoid backlog of funds.

3) Grasp the inventory status as soon as possible, so as to deal with the excess inventory and inventory shortage in time.

4) Save on inventory expenses. Keeping inventory in place can save you money on inventory. Inventory fees require about 24 to 25 percent of total inventory per year.

According to a 1974 survey conducted by the Japan Materials Management Association, it was estimated that labor costs** had reached more than 30%. The increase in this part of the amount has put great pressure on the operation of funds and worsened the operating efficiency.

2. The role of inventory management:

1) There are many goods that have a more stable need, that is, they are often used or sold gradually, so they have a more stable need, however, if they are purchased or produced according to their demand rate, it is not economical, so in order to cooperate with the economic benefits, they must be produced in large quantities first, and then stored and gradually used.

2) Safety stock, the existing stock in hand is sufficient to cope with unexpected demand or the delivery of supplies, if the future demand and the time required for delivery can be determined, then the safety stock is completely unnecessary.

Inventory management tends to volume.

Inventory management tends to be the management of goods such as: category and so on.