Itqualityassurance
- What information should be on a inventory?
- What are the 4 inventory models?
- What factors should you consider when designing an inventory system?
What information should be on a inventory?
In general, an inventory list should include the product's name, SKU number, description, pricing, and quantity. Inventory lists help brands manage and monitor their stock levels, allowing for greater inventory control and a more streamlined approach to inventory management.
What are the 4 inventory models?
While there are many types of inventory, the four major ones are raw materials and components, work in progress, finished goods and maintenance, repair and operating supplies.
What factors should you consider when designing an inventory system?
Frequency, timing, and order size are the key design factors of any inventory control system. Each of these design factors is discussed in detail in this section.
