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95 Resources for

inventory

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Did you mean Inventory Management (85 results), inventory control (28 results), inventory tracking (3 results)

BNET Business Dictionary

Inventory
the total of an organization's commercial assets
Inventory definition on BNET »

BNET Resources

Training Sales People on Your Product or Service II
This article discusses the things, which salesperson needs to understand to be successful selling, as they make up their ability to develop the customer's needs. Find out what is the value of having "less inventory" and the impacts of having “less inventory” have on the organization. Know the needs to...
Tags: Workforce management, training
White papers
Repetitive Pull Systems
Reductions in work-in-process inventories and lead times permit the application of simplified visible inventory signals to schedule your manufacturing resources. Changing the scheduling of the supply chain from a forecast-based, infinite reverse push system to a consumption-based pull system will result in significant and permanent reductions in inventories with simultaneous...
Tags: customer service, supply chain, manufacturing
White papers
Inbound Operations
"At first glance, accurate inventories appear easy to achieve. Material movements are the key. Control them, validate that they are done properly so errors cannot enter the inventory balances, and the result is accuracy. While the concept is simple, its application is not. Special considerations and requirements abound. Many...
Tags: Catalyst International Inc., technique
White papers
5 Tips for Turning Warehouse Inventory Faster
It may sound a little space-age or high-tech, but inventory velocity is a pretty simple concept—to turn the warehouse inventory faster than before. What gets a little more complicated is exactly how to do that. Thankfully there's a wide range of steps organizations can take to improve inventory velocity. From...
Tags: Supply chain management (SCM), APQC, supply chain
White papers
Success Story: Long-Term Financing to Increase Inventory - A Capital Idea
When Arctic Spas President realized he could drive significantly more revenues by increasing his company's inventory and broadening its range of products, he knew that this was a business opportunity worth pursuing. The President of the company is now seeing the real advantage of diversifying its product line and increasing...
Tags: Arctic, president, sales
Case studies
Physical Inventory Gain Or Loss Form
This is a template of physical inventory gain or loss form. This form can be used to note down the count of physical inventory and check the gain or loss on the physical inventory. The form contains information such as company name, department, prepared by, inventory count for the period,...
Tags: Inventory, NUPP
Tools & templates 2008-01-01
Merchandise Plan
The opening inventory balance is entered in the first month and calculated for all subsequent months. Note that the total column summarizes the entire year, from the first month's opening inventory to the last month's closing inventory. Change the starting month by typing the first three letters of the month...
Tags: Inventory
Tools & templates 2007-09-01
Portfolio Management
This template is designed to help compile an inventory of projects in a program, a portfolio, a department, or an entire organization. If a project in the inventory does not have a plan, schedule, or budget, it may be difficult to fill out all the columns below. In this case,...
Tags: Project, Inventory, Qatar
Tools & templates 2006-12-31
Incorporating Price And Inventory Endogeneity In Firm-Level Sales Forecasting
As numerous papers have argued, sales, inventory, and gross margin for a retailer are interrelated. A simultaneous equation model is constructed to establish these interrelationships at a firm level. Using publicly available financial data the six causal effects among sales, inventory, and gross margin are estimated. The results show that...
Tags: Sales strategy, Sales force management, gross margin, sales, financial
White papers 2007-01-09
A Computational Model For Inventory Management And Planning
The objective of the study presented in this paper is to determine the factors of the optimal level of merchandizing inventory. This study is based on a mathematical model. The results revealed some interesting findings. The most important conclusion is that the 'Usage of Material' or the Sales Volume is...
Tags: Inventory Management, ROI, accounting, sales
White papers 2006-10-30
Calculating the Cost of Goods Sold
For manufacturers, “cost of goods sold” COGS is the cost of buying raw materials and manufacturing finished products. For retailers, it’s the cost of obtaining or buying the products sold to customers. If the company is in a service industry, COGS is the cost of the service it offers.COGS can...
Tags: COGS, cost of goods sold, inventory, P&L, taxes, tool
Articles 2007-03-15
Dynamic Inventory Management With Learning About The Demand Distribution
A well-known result in the Bayesian inventory management literature is: if lost sales are not observed, the Bayesian optimal inventory level is larger than the myopic inventory level. It has been proven under the assumption that inventory is perishable, so the myopic inventory level is equal to the Bayesian optimal...
Tags: Stanford University, Bayesian, Inventory Management, stock, sales
White papers 2006-01-30
Risk Aversion in Inventory Management
Traditional inventory models focus on risk-neutral decision makers, i.e., characterizing replenishment strategies that maximize expected total profit, or equivalently, minimize expected total cost over a planning horizon. This paper proposes a framework for incorporating risk aversion in multi-period inventory models as well as multi-period models that coordinate inventory and pricing...
Tags: Pricing, University of Illinois, pricing strategy, Inventory Management
White papers 2005-12-27
MANN+HUMMEL Uses IBM Solution for Forecasting and Inventory Planning
With 41 worldwide locations and over 9,000 employees, the MANN+HUMMEL Group is a leader in the automotive components industry. In reviewing its operations, MANN+HUMMEL's management team noticed that its central distribution center for MANN FILTER products in Niederaichbach, Germany, was "Out of balance." The center was carrying excess inventory, but...
Tags: forecasting, IBM Corp., customer service, leader
Case studies 2005-11-01
Vertical Control of Inventory and Pricing Decisions
This paper offers a simple approach to the theory of decentralizing inventory and pricing decisions within a distribution system. The authors consider an upstream manufacturer selling to two outlets, which compete as differentiated duopolists and face uncertain demand. Demand spillovers between the outlets arise in the event of stock-outs. The...
Tags: Pricing, Marketing research, University of British Columbia, pricing strategy, incentive, theory
White papers 2005-07-12
Sales and Operations Planning: Choosing the Optimal Strategy for Your Business
Each year, the imbalance between supply and demand costs companies billions of dollars in out-of-stocks, excess inventory and excessive discounting. Promotions, new product introductions, packaging changes and changing demand patterns can all wreak havoc on the demand and supply planning process. But companies that use Sales and Operations Planning (S&OP)...
Tags: Sales strategy, Sales force management, sales
White papers 2005-06-13
Change Management for Real-Time Performance Management
Accurate inventory is essential to a service provider, but as business becomes increasingly real-time, the challenge has increased. Flow-through provisioning requires immediate knowledge of available resources. And the pressures of customer-facing reports made available in real-time, call for a more proactive and automated approach to performance management and SLAs. With...
Tags: Micromuse Inc., performance management, change management, SLA, OSS, on-demand, monitoring, knowledge, performance, network
White papers 2005-06-01
A Comparison Of Inventory Control Policies For A Joint Manufacturing / Remanufacturing Environment
We consider a joint manufacturing / remanufacturing environment with remanufacturing yield loss. Demand and return follow independent stationary Poisson processes. Returns can be disposed off upon arrival to the system. Manufacturing and remanufacturing operations performed in the same facility at exponential rates. Yield information becomes available after remanufacturing. Demands that...
Tags: Erasmus University Rotterdam, Environment, Inventory Control, Inventory, Manufacturing
White papers 2005-03-01
Establishing Standards For Automotive Inventory Visibility & Interoperability
As globalization, competition, and downward price pressures show no signs of easing, lean manufacturing - matching supply to demand, eliminating waste, and streamlining operations - still holds great promise for automotive suppliers to meet these challenges. The common denominator in most lean manufacturing initiatives is inventory. Inventory is the crucial...
Tags: TQM/Six Sigma/ISO 9000, Supply chain management (SCM), QAD, Lean Manufacturing, supply chain, revenue opportunity, globalization, supplier
White papers 2004-12-03
A Guide to Implementing a World-Class Cycle Counting Program
Inventory crosses a variety of functional areas, in some cases with little or no distinction. Inventory policy is a strategic, corporate management issue with broad supply-chain ramifications. Inventory control represents the tactical, day-to-day aspects of executing the policies, as particularly focused in replenishment order releasing, the taking of physical inventories,...
Tags: Supply chain management (SCM), supply chain, inventory control
White papers 2004-10-07
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