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  • Module No 06 of Ieerp

    Diunggah oleh

    Vaibhav Vithoba Naik
    967 tayangan27 halaman
    Inventory management and control is the combination of information technology and business processes of maintaining the appropriate level of stock in a warehouse. ERP systems often integrate business activities across functional departments, from product planning, parts purchasing, inventory control, product distribution, fulfillment, to order tracking. The activities of inventory management include iden tifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status.

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    Inventory management and control is the combination of information technology and business processes of maintaining the appropriate level of stock in a warehouse. ERP systems often integrate business activities across functional departments, from product planning, parts purchasing, inventory control, product distribution, fulfillment, to order tracking. The activities of inventory management include iden tifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status.

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    © All Rights Reserved
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    967 tayangan27 halaman

    Module No 06 of Ieerp

    Diunggah oleh

    Vaibhav Vithoba Naik
    Inventory management and control is the combination of information technology and business processes of maintaining the appropriate level of stock in a warehouse. ERP systems often integrate business activities across functional departments, from product planning, parts purchasing, inventory control, product distribution, fulfillment, to order tracking. The activities of inventory management include iden tifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status.

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    Industrial Engineering and Enterprise Resource Planning

    Industrial Engineering and Entrprise Resources Planning

    Module No 06

    Vaibhav Vithoba Naik

    Industrial Engineering and Entrprise Resources Planning

    Module No 06

    Vaibhav Vithoba Naik

    Industrial Engineering and Entrprise Resources Planning

    Module No 06

    Vaibhav Vithoba Naik

    Industrial Engineering and Entrprise Resources Planning

    Module No 06

    Vaibhav Vithoba Naik

    Industrial Engineering and Entrprise Resources Planning

    Timeline 1960s

    System Inventory Management & Control

    Description Inventory Management and control is the combination of information technology and business processes of maintaining the appropriate level of stock in a warehouse. The activities of inventory management include iden tifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status. Materials Requirement Planning (MRP) utilizes software applications for scheduling production processes. MRP generates schedules for the operations and raw material purchases based on the production requirements of finished goods, the structure of the production system, the curr ent inventories levels and the lot sizing procedure for each operation. Manufacturing Requirements Planning or MRP utilizes software applications for coordinating manufacturing processes, from product planning, parts purchasing, inventory control to product distribution. Enterprise Resource Planning or ERP uses multi -module application software for improving the performance of the internal business processes. ERP systems often integrate business activities across functional departments, from product planning, parts purchasing, inventory control, product distribution, fulfillment, to order tracking. ERP software systems may include application modules for supportin g marketing, finance, accounting and human resources

    1970s

    Material Requirement Planning (MRP)

    1980s

    Manufacturing Requirements Planning (MRP II) Enterprise Resource Planning (ERP)

    1990s

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