What is the concept of zero inventory management?

1, the idea of zero inventory management comes from the requirement of just-in-time system, which is different from traditional inventory management.

2. Traditional inventory management recognizes the rationality of the existence of inventory, requires the introduction of inventory according to the plans made by various models, and advocates holding a certain amount of inventory to achieve the lowest related costs.

3. The idea of zero inventory management requires enterprises to introduce inventory as needed, strive to reduce inventory and reduce inventory costs, with the ultimate goal of eliminating inventory to achieve the lowest total cost.

4. Enterprises should learn the essence of reducing inventory, improving quality and continuous improvement in time, and combine this advanced management idea with the actual situation of enterprises to achieve the purpose of improving economic benefits.