Posts tagged "rules for effective inventory management"

12 Rules for Effective Inventory Management

Inventory management refers to the set of practices that enable an organisation to differentiate between enough and excess inventory and implement the same to improve its operational efficiency. Here are some 12 rules which will be of assistance in effective inventory management.

  1. Enterprise Inventory Policy
  2. S&OP, MPS and MRP
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Association For Supply Chain Management (ASCM), USA