Part 3. Inventory Control (Inventory)
2.7 Inventory Classification (ABC Analysis)
Cycle counting every component with equal frequency is operational malpractice. Resources must be...
2.8 Warehouse Operations
The warehouse is not a storage unit; it is a processing center. Errors introduced here (wrong cou...
2.9 Excess & Obsolete (E&O)
Inventory that does not turn over is a liability, not an asset. This chapter establishes the "Red...
2.10 Strategic Stockpiling
Policies for holding "Buffer Stock" for critical customers.