How to implement inventory management, what are the methods of inventory management

Inventory management is the basis for production, planning, and control. Inventory management should not only be based on the requirements of the outside world for inventory, but also combined with the characteristics of enterprise ordering, the inventory is wild, planned and executed, and the effective control of this series of actions requires attention to inventory management methods. The core of inventory management is "the business related to the planning and control of inventory materials", and the ultimate goal is to make production operational.

Doing a good job of inventory management has the following benefits:

1) Seek the effective use of capital.

2) Maintain a minimum amount of inventory to ensure that the sales flow can be carried out smoothly.

3) Grasp the inventory status as soon as possible, so as to facilitate timely treatment of inventory excess and inventory shortage.

4) Save inventory costs.

5) For the economic benefits of the enterprise. Inventory storage will accumulate funds, and insufficient inventory will also cause a waste of funds, and only proper inventory preservation can obtain effective operations.

6) Stable operation level, can reduce or maintain manufacturing costs.

7) Promote production and prevent inventory shortage.

8) Shorten the production cycle.

9) Improve material handling efficiency. Brother Town.

10) In order to shorten the material cycle.

Inventory management methods include: centralized hierarchical control method, ABC control method, and timely inventory control.

1. Centralized hierarchical control method.

The centralized hierarchical control method is a kind of hierarchical management, which refers to the unified allocation and scheduling of inventory funds in the specific operation process, and then the budget management. According to the principle of combining the use of funds with the management of funds, and the combination of material management and fund management, each fund is managed by which department uses it.

2. ABC control method.

ABC control method, also known as Pareto analysis or Barreto analysis, Platonic analysis, primary and secondary cause analysis, etc., follows the principle of "ensuring the focus and taking care of the general". That is, classified management, which plays a role in distinguishing priorities and grasping the main objects in management, and can get twice the result with half the effort.

3. Control inventory in a timely manner.

Pay attention to the production of the products that are really needed, produce according to the required quantity, and at the same time grasp the accurate time, use the Zen Spring to reduce the inventory cost in an all-round way, and reduce the backlog of goods in the warehouse.

How to do inventory management well

1. In and out of the warehouse.

In the warehousing and outbound work, collect complete information data, do a good job in the registration of relevant information and data, and reasonably arrange the location of the goods in the warehouse in combination with the relevant information data, and establish the person in charge of the relevant materials. Make a follow-up work plan in advance according to the documents in and out of the warehouse to prevent the backlog of warehouse materials and reduce inventory costs. Determine the materials for key management and general management.

2. Regular inventory and non-regular inventory are combined to celebrate.

So as to grasp the actual situation of warehouse inventory. According to the inventory information data, combined with market information and document information, Senzai reasonably arranges the next work of the goods. For clothing, toys and other goods related to the season or market, it is necessary to increase the outbound, reduce the backlog of goods, so as to improve the utilization rate of goods in the warehouse, and control the number of different goods out of the warehouse and into the warehouse.

3. Daily management.

In the daily inventory management, the placement of goods is inspected, and the warehousing goods are placed according to the requirements, and cannot be placed indiscriminately or piled up at will. Different areas have different properties, and the goods should be classified and stored. In addition, the information and data of all aspects are checked to prevent data errors.

Check the workmanship of the warehouse operation and whether the staff operates in accordance with the regulations.

1. Just-in-time production inventory management method (JIT).

JIT is an advanced production method, which is based on the requirements of the demand side and the demand for production (that is, the supplier according to the requirements of the demand side, in accordance with the variety, specification, quality, quantity, time, location, etc.) of the demand side, the production materials or procurement materials, no more, no less, not early, not late and with quality, *** to the designated place.

Through the kanban tool, the kanban management ensures the synchronization and balance of the production of doujin, and implements the production of "timely, appropriate, and suitable base changwu", and the effect is particularly obvious.

2. Economic batch inventory airfront base management method (EOQ).

1) A clear understanding of the consumption or sales volume of an inventory over a certain period of time, which remains the same during the analysis period.

2) The cost of each order is fixed.

3) The storage cost of a single piece of inventory is fixed.

4) The inventory can be replenished in a timely and effective manner.

The economic batch method has certain qualifications: the use or reduction of the analysis object must be balanced.

3. ABC classification control inventory management method.

The whole survival of the enterprise is divided into three categories: A, B and C, and the management of the high amount of Class A materials is focused on strengthening management and control; Category B materials are managed and controlled in accordance with the usual methods; Although there are many varieties of C-type materials, they are of little value and are managed and controlled in the simplest way.

Inventory management methods include just-in-time production inventory management method, economic batch inventory management method, ABC classification control inventory management method, reorder point inventory management method, and inventory management inventory practice method. Inventory management refers to the management of the quantity of goods in the logistics process, and it is believed that there are many goods in the warehouse in the past, indicating that the enterprise is developed and prosperous. Just-in-time production inventory management method:

It is an advanced production method, with the requirements of demand and production, the production materials or procurement materials, no more, no less, not early, not late and with quality, the first place to be delivered.

Economical bulk inventory management method: It refers to a clear understanding of the consumption or sales volume of an inventory over a certain period of time, and this quantity remains unchanged during the analysis period. ABC Classification Control Inventory Management Method:

The whole survival of the enterprise is divided into three categories: A, B and C, and the management of the high amount of Class A materials is focused on strengthening management and control; Category B materials are managed and controlled in accordance with the usual methods; Although there are many varieties of Class C materials, they are of little value, and the easiest way to manage and control them is adopted.

Reorder Point Inventory Management Method: This is used to clarify the number of units of the item when the replenishment ordering strategy is initiated. As soon as the stock level falls below the reorder point, the order is replenished.

When there is uncertainty in demand or completion cycle, appropriate safety stock must be used to cushion or compensate for the uncertainties.

Inventory management and inventory practice: It refers to checking whether the actual inventory is consistent with the bill; Identify the true cause of the profit or loss of inventory; ascertain the quality of the goods in stock; Find out if there is any stock that has exceeded the storage period.

Summary. Hello dear, common inventory management methods include the following: Taxonomy:

Inventory is divided into three categories, A, B, and C, according to its value, and the focus of purchasing, management, and storage is determined according to its importance. 2.Minimum Maximum Inventory Method:

Based on historical sales data and inventory turnover, set minimum and maximum inventory levels, proceed when inventory is below minimum inventory and stop when inventory is above maximum. 3.Periodic Inventory Method:

Conduct periodic inventory counts, check physical inventory and record inventory discrepancies, and adjust inventory quantities. 4.First-in, first-out (FIFO) method:

Items that enter the inventory first are sold first to ensure the freshness and quality of the products in the inventory. 5.Bulk Ordering Method:

Combine multiple orders into one large order for a larger discount. 6.Inventory Turnover Method:

By calculating the inventory turnover ratio, determine if there is too much or too little inventory and take action accordingly.

Do this. Hello dear, common inventory management methods include the following: Sorting hungry potatoes:

Inventory is divided into three categories, A, B, and C, according to its value, and the focus of purchasing, management, and storage is determined according to its importance. 2.Minimum Maximum Inventory Method:

Set the minimum and maximum inventory levels based on historical sales data and inventory turnover, and stop when the inventory is below the minimum inventory and stop when the inventory is higher than the maximum inventory. 3.Periodic Inventory Method:

Conduct periodic inventory counts, check physical inventory and record inventory discrepancies, and adjust inventory quantities. 4.First-in, first-out (FIFO) method:

Items that enter the inventory first are sold first to ensure the freshness and quality of the products in the inventory. 5.Bulk Ordering Method:

Combine multiple orders into one large order to order for a larger discount on the order quantity for the lease. 6.Inventory Turnover Method:

By calculating the inventory turnover ratio, determine if there is too much or too little inventory and take action accordingly.

The above are some common library sail imitation storage management methods, enterprises can choose the appropriate method for inventory management according to their own macro fiber conditions, so as to achieve better inventory control and cost control.