The relationship between inventory management and other business 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.

What is the purpose of enterprise inventory management? The purpose of enterprise inventory management is: 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. Keep the minimum inventory to ensure that the sales flow can be carried out smoothly, so that the amount of inventory products can reach the minimum level of not 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 inventory costs. Keeping the stock quantity locally for the right number of sails can save on inventory costs.

Inventory fees require about 24 to 25 percent of total inventory per year. The increase in part of the amount has put great pressure on the operation of funds and worsened the operating efficiency. 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. Promote production to prevent insufficient inventory. The purpose of inventory is to cooperate with production to reduce the shortage rate of materials, as a guarantee for the production of car bucket materials, and to promote production.

7. Improve the efficiency of material handling. In order to make the material handle reasonably, it is necessary to emphasize the concept of time, improve the handling and inventory, and make it a perfect combination in order to receive the effect. 8. In order to shorten the material cycle.

If the time from the order to the material entering the factory is shortened, that is, the order delivery time of the material is shortened, the amount of reserve inventory prepared for the ** cycle can be reduced. 9. In order to effectively use the factory grinding area and warehouse area. In a limited site factory, placing excess materials or stacking them sporadically causes congestion.

In order to make effective use of the area, three-dimensional storage should be used to improve the storage efficiency. That's the relevant law about your problem.

Inventory management refers to the management of the quantity of goods in the logistics process. In the past, it was thought that there were many goods in the warehouse, which showed.

Businesses are developed and prosperous, and now they think that zero inventory is the best inventory management. There is a lot of inventory, a lot of capital is occupied, and the interest burden is increased. However, if the inventory is lowered too much, there will be a break.

Inventory management is a comprehensive process that operationalizes the inventory policy of the manufacturer and the inventory policy of the value chain. The reaction method, or pull inventory method, is to use customer demand to pull the distribution of products through distribution channels. Another management philosophy is the planning approach, which proactively schedules the transportation and distribution of products within the channel according to demand and product availability.

The third approach, or hybrid approach, combines the first two methods with logical reasoning to form an inventory management concept that responds to the product and market environment. A comprehensive inventory management strategy will detail policies and be used to determine where to place inventory, when to initiate replenishment shipments and how much inventory to distribute.

Inventory management tends to volume.

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

1. Inventory management and marketing management complement each other, providing data support for each other.

2. The inventory management module refers to the purchase, sale and inventory management of commodities, which mainly calculates the cost of issuing inventory and the cost of balance, and can also see the inventory situation at any time.

3. The marketing management system is based on inventory management, which is the management of the entire system of inventory purchase, sales and storage, and all billing and settlement must be grasped.

Inventory management systems are the foundation for production, planning, and control. The system through the warehouse, location and other accounting management and the management of inbound and outbound types, inbound and outbound documents, timely reflect the warehousing and flow of various materials, to provide a basis for production management and cost accounting. Through inventory analysis, it provides management and decision-makers with different statistical analysis information such as inventory fund occupation, material backlog, shortage and overstocking, ABC classification and so on.

Marketing management refers to the analysis, planning, implementation and control of design projects in order to achieve the goals of the enterprise or organization and establish and maintain a mutually beneficial exchange relationship with the target market. The essence of marketing management is demand management, that is, the effective mediation of the level, timing and nature of demand. In marketing management practice, companies usually need to set an expected level of market demand in advance, however, the actual level of market demand may not be consistent with the expected level of market demand.

This requires enterprise marketing managers to take different marketing management countermeasures according to different demand situations, so as to effectively meet market demand and ensure the realization of enterprise goals. Marketing management is the behavior of comprehensively formulating and optimizing the implementation of many elements such as organization, structure, personnel, training, performance, evaluation, and salary in market behavior, with the goal of making profits.

The relationship between the connection between purchase, sale and inventory and finance, take the money -- the purchase of the purchase -- the warehousing (inventory cost) -- the sale of the warehouse --- the collection. Each step of the process involves a change in funding. It is also called money flow.

They have a very close relationship. There are invoicing software and ERP software, and the inventory ledger is in the "inventory management module". In principle, a company's warehouse is public, and the inventory account data found by each department in different modules should be the same.

Maybe the software you use has set different permissions when querying the inventory ledger under the two modules, and different departments can only query the inventory of different types of materials.

Inventory controlInventory Control:

According to the requirements of the outside world for inventory, the characteristics of enterprise ordering, **, plan and execute an act of replenishing inventory, and control this behavior, focusing on determining how to order, how much to order, and when to order.

Warehouse management. Warehouse management is divided into personnel management and material management

Material management must be based on several principles: first-in, first-out, similar gathering, three accounts (physical objects, cards, computer accounts) in one. Materials are stored according to regulations, etc.

Inventory management is the management of inventory items.

Warehouse management is the management of the entire warehouse, including warehouse employees and all other warehouse property.

Warehouse Management》Inventory Management.

The core of inventory management is the management of the goods themselves, the management of the quantity and related attributes of the goods, the purpose is to serve sales and procurement, ensure a reasonable amount of inventory, deal with inventory ledgers and inbound and outbound accounts, and basically cover various inbound and outbound operations of the warehouse in the form of documents, but it cannot integrate various resources of the warehouse, nor can it optimize the efficiency of a large number of operations in warehousing and distribution. Inventory management software usually exists in the form of an independent module in the ERP or invoicing system, which is relatively complete.

The object of warehouse management is not only the conventional inventory management of goods, but also the management of all resources of the warehouse and distribution center where the goods are stored, including storage locations, regions, automation equipment, labor, etc., the purpose of which is to integrate these resources, and carry out a large number of warehousing operations such as warehousing and shelves, order picking, vehicle stowage, etc. Optimize the utilization rate of equipment and labor, reduce operation errors, reduce operation costs, improve overall operation capacity, and be able to calculate costs according to data such as the time of using resources, and carry out independent accounting and third-party charging for warehousing and distribution.

Inventory management.

The core is the management of the goods themselves, the management of the quantity and related attributes of the goods, the purpose is to provide sales and procurement services, to ensure that the inventory is reasonable, to deal with inventory ledgers and inbound and outbound accounts, in the form of documents to basically cover the various inbound and outbound business of the warehouse, but can not be integrated for the various resources of the warehouse, nor can a large number of operations in the warehousing and distribution be optimized for efficiency, inventory management software usually exists in the form of an independent module in the ERP or invoicing system, which is relatively complete.

The object of warehouse management is not only the conventional inventory management of goods, but also the management of all resources of the warehouse and distribution center where the goods are stored, including storage locations, regions, automation equipment, labor, etc., the purpose of which is to integrate these resources, and carry out a large number of warehousing operations such as warehousing and shelves, order picking, vehicle stowage, etc. Optimize the utilization rate of equipment and labor, reduce operation errors, reduce operation costs, improve overall operation capacity, and be able to calculate costs according to data such as the time of using resources, and carry out independent accounting and third-party charging for warehousing and distribution.

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 content.

Warehouse management is mainly for 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.