Traditional Culture Encyclopedia - Traditional culture - How to express inventory compression goals

How to express inventory compression goals

In practical terms.

To improve economic efficiency through inventory suppression. Through the construction of the inventory control system, the company's control of inventory has changed from passive after-the-fact statistics and problem disposal to a whole-process synergistic control model from forecasting, planning, purchasing to production, sales and service, which realizes the long-term and efficient management of inventory.

In the past, the company has been using the traditional financial and cost functions to manage inventory, a passive, sloppy management mode, which is not adapted to the rapid changes in the market and the modern logistics and warehousing operation mode of change.