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Taa Inventory and Condition Form

Taa Inventory and Condition Form

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no inventory equals no business in the past there have been many managers who have pushed the concept of low inventory too much putting companies and customers in crisis the key concept is that it is necessary to manage the inventory at the lowest possible level but always guaranteeing the satisfaction of the customer's demand the first step is to understand the different types of inventory in depth here is the first type of inventory we ideally start from the entrance to the production process in this area there are raw materials components and sub-assemblies typically these items are very expensive and you should tend not to have many on the other hand we must avoid stopping the production process due to lack of material the second type of inventory is work in process also called wap the goal is to have a lean production process in order to have this part of inventory as low as possible guaranteeing the satisfaction of the customer request this is where tools like batch reduc

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