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5. Volume management
Given that not all stocks are of the same nature, there's no reason to manage them all in the same way. Obviously, a multitude of criteria come into play when deciding how to manage inventory:
mass ;
volume ;
clutter ;
the cost...
Among these, cost is a key criterion.
However, today's production management methods using just-in-time techniques have led to the emergence of other criteria, such as the "degree of commonality of items"; we'll deal with this point in a special section on the management of "shortages" (see §
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Volume management
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The Ultimate Scientific and Technical Reference