Inventory Planning
Transformation Spectrum
- PAST
- PRESENT
- FUTURE
Technology Used:
- Use of spreadsheets
- Analytical tools
Process Used:
- Combination of ROP for every product
- Manually entering the data in rows and columns
- FIFO, LIFO model
Technology Used:
- Warehouse management system
- Barcode system
Process Used:
- EOQ model
- MOQ model
- ROQ
- ABC inventory analysis
- Just in time inventory
Technology Used:
- Warehouse management system
- Barcode system
Process Used:
- EOQ model
- MOQ model
- ROQ
- ABC inventory analysis
- Just in time inventory