2. Stock functions
Inventories create one or more breaking points in the flow of materials between the supply of raw materials and delivery to the customer. They act as a buffer between the constitution of finished products and customer delivery, between the requirements of a workload item and the output of the previous workload item...
Inventory can therefore be classified according to different functions.
-
Anticipation stock
Anticipatory stock is used whenever we want to anticipate future demand. This is systematically the case when the lead time is longer than the lead time expected by the customer (figure 2 ); in this case, forecasts are used.
-
Fluctuation stock
This...
Exclusive to subscribers. 97% yet to be discovered!
You do not have access to this resource.
Click here to request your free trial access!
Already subscribed? Log in!
The Ultimate Scientific and Technical Reference
This article is included in
Logistics and Supply Chain
This offer includes:
Knowledge Base
Updated and enriched with articles validated by our scientific committees
Services
A set of exclusive tools to complement the resources
Practical Path
Operational and didactic, to guarantee the acquisition of transversal skills
Doc & Quiz
Interactive articles with quizzes, for constructive reading
Stock functions
Bibliography
Exclusive to subscribers. 97% yet to be discovered!
You do not have access to this resource.
Click here to request your free trial access!
Already subscribed? Log in!
The Ultimate Scientific and Technical Reference