Inventory Planning Systems

The systems that help to strategically balance the inventory1) Raw materials, work in process, finished goods,... policy and customer serviceThe series of activities involved in providing the... levels throughout the supply chain(1) Starting with unprocessed raw materials and en.... These systems usually calculate time-phased orderAn order is a request to ship products, following ... quantities and safety stock1) Also called “emergency stock”. A level of a... using selected inventory strategies. Some inventory planning systems conduct what-if analysis and compare the current inventory policy with simulated inventory scenarios to improve the inventory ROI.