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Inventory control or stock control can be broadly defined as "the activity of checking a shop's stock". It is the process of ensuring that the right amount of supply is available within a business. However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business's inventory but also maximising the amount of profit from the least amount of inventory investment without affecting customer satisfaction. Other facets of inventory control include forecasting future demand, supply chain management, production control, financial flexibility, purchasing data, loss prevention and turnover, and customer satisfaction. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems, or it may refer to a methodology (which may include the use of technological barriers) for handling loss prevention in a business. The inventory control system allows for companies to assess their current state concerning assets, account balances, and financial reports. An inventory control system is used to keep inventories in a desired state while continuing to adequately supply customers, and its success depends on maintaining clear records on a periodic or perpetual basis. Inventory management software often plays an important role in the modern inventory control system, providing timely and accurate analytical, optimization, and forecasting techniques for complex inventory management problems. Typical features of this type of software include: inventory tracking and forecasting tools that use selectable algorithms and review cycles to identify anomalies and other areas of concern inventory optimization purchase and replenishment tools that include automated and manual replenishment components, inventory calculations, and lot size optimization lead time variability management safety stock calculation and forecasting inventory cost management shelf-life and slow-mover logic multiple location support Mobile/Moving Inventory Support Through this functionality, a business may better detail what has sold, how quickly, and at what price, for example.

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Inventory control

Inventory management software

Inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product overstock and outages. It is a tool for organizing inventory data that before was generally stored in hard-copy form or in spreadsheets.

Management des opérations

Le management des opérations est un domaine du management dont le but est de superviser la conception et le contrôle du processus de production et la refonte des opérations commerciales dans la production de biens ou de services. Il implique la responsabilité de veiller à ce que les opérations commerciales soient efficaces, étant donné la présence de contraintes en termes d'utilisation de ressources. Ceci est généralement requis si une entreprise veut satisfaire les exigences du client.

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Supply-chain management within a firm is concerned with the flow of goods and services from firms to consumers. This course provides an overview of the economic drivers and technological possibilities

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This course introduces key concepts in supply chain management. It uses a combination of case studies, simulation exercises, formal lectures and group discussions to illustrate how the various concept

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A Location-Inventory Model for Large Three-Level Supply Chains

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We study the location-inventory problem in three-level supply networks. Our model integrates three decisions: the distribution centers location, flows allocation, and shipment sizes. We propose a nonl

Elsevier2012

A Location-Inventory Model for Large Three Layer Supply Chains

Jean-Sébastien Tancrez

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Financial flows are often treated in a fragmented and disconnected way from the physical product flow. Managers take decisions from an operational point of view concerning inventory, service level or

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MOOC introduction à la pensée du cycle de vie et aux concepts théoriques pour réaliser et critiquer une analyse du cycle de vie.

Couvre le contrôle des stocks en se concentrant sur le modèle Newsvendor et ses extensions dans des scénarios de demande incertains.

Examine les stratégies visant à remédier à l'incertitude de la demande en utilisant l'analyse des données en temps réel et le contrôle des stocks.

Explorer l'approche des relations physiques sous-jacentes dans le calcul de l'inventaire du cycle de vie, y compris le traitement multifonctionnel et l'expansion des frontières.