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Inventory Management

Description

Operations Management Mind Map on Inventory Management, created by Thomas Abraham on 03/04/2019.
Thomas Abraham
Mind Map by Thomas Abraham, updated more than 1 year ago
Thomas Abraham
Created by Thomas Abraham about 5 years ago
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Resource summary

Inventory Management
  1. Costs
    1. Holding
      1. Ordering
      2. Key questions
        1. How much to order "Q"?
          1. When to order "P"?
          2. Operational inventories
            1. Cycle
              1. Pipeline
                1. Anticipation
                  1. Safety
                  2. Inventory Models
                    1. EOQ
                      1. Constant demand
                      2. Continuous Review "Q" system
                        1. Low safety stock
                          1. Possible quantity discounts
                          2. Periodic Review "P" System
                            1. Convenient
                              1. Good for multiple items
                            2. Other concepts
                              1. ABC Analysis
                                1. Inventory Position
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