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The definition and difference of traditional inventory are

The characteristics of warehousing:

1. Integrated shipping integration is an economic benefit of warehousing. Through this arrangement, the integrated warehouse receives materials from a series of manufacturing plants and sends them to a certain quota, and then integrates them into one shipment. Its advantage is that it can achieve the lowest transportation rate and reduce the congestion of customer loan collection platforms.

2. Processing/postponement warehouses can also be used to postpone or delay production by undertaking processing or participating in a small number of manufacturing activities.

3. The direct economic benefit of storing this warehousing service is subordinate to the fact that storage is crucial for the selected enterprise.

The characteristics of inventory: shortening the lead time of orders; Stabilizing effect. Finished goods inventory separates external demand from internal production, just like a reservoir; Allocate the ordering cost and adjust the preparation cost; Prevent shortages; Prevent interruption; The demand side has fewer orders.

The difference between warehousing and inventory is as follows:

1, with different properties.

Warehousing refers to the storage, storage and related storage activities of materials through warehouses. It comes into being with the production of material storage and develops with the development of productivity. Warehousing is one of the important links of commodity circulation and an important pillar of logistics activities.

Inventory is the goods actually stored in the warehouse. It can be divided into two categories: one is production inventory, that is, the inventory of grass-roots enterprises and institutions that directly consume materials, which is stored to ensure the uninterrupted supply of materials consumed by enterprises and institutions; One is circulating inventory, that is, the inventory of raw materials or finished products of production enterprises, the inventory of production departments and the inventory of materials departments at all levels.

2. Different purposes

Inventory refers to the management of commodity quantity in the process of logistics, focusing on how to order, how much to order and when to order.

Warehouse refers to the effective control of the receipt, delivery, balance and other activities of stored goods. Its purpose is to ensure the integrity of warehousing goods for enterprises, ensure the normal production and business activities, and on this basis, classify and record the activities of various goods. A comprehensive management table that clearly shows the quantity and quality of the goods in storage, as well as the current geographical location, department, order ownership and storage dispersion.

3, the content is different

Warehousing is the all-round management and control of material storage, form, area and layout; Inventory is the requirement of attributes and the management and control of materials themselves.

References:

Baidu Encyclopedia-Storage

Baidu encyclopedia-inventory