Inventory Planning
Transformation Spectrum
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- 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