Usually this system allow us to adapt changes in customer demand and market trends, this reduce the risk of overstocking unsold items and keep inventory in levels efficient
But some times takes the risk of productions delays, risk of stockouts, and always depends on the reliability of suppliers
Glide: 2
Here we use the economic order quantity
is a stock management method that determines the optimal quantity of products to order in a purchase to minimize the costs
Is harder than the others because requires understanding algebra, Ignores Supplier Lead Time Constraints and we can’t incorporate seasonal demand
But have benefits including balancing inventory levels, reducing the risk of waste and obsolescence goods and optimizing cash flow and working capital investment.
Glide: 3
That is all, tomorrow you can start to work in one of the warehouse of your supervisor assignment you
Mecalux. (s. f.). Cantidad Económica de Pedido (EOQ): cálculo y uso. Mecalux.com.mx. https://www.mecalux.com.mx/blog/cantidad-economica-pedido-eoq
Roper, K. (2024, 27 marzo). The problem with the Economic Order Quantity (EOQ) model. EazyStock. https://www.eazystock.com/uk/blog-uk/problems-limitations-economic-order-quantity-eoq-model/
Glide: 0
Okay, I’m very grateful with you for explain me all, I promise give my all
ReferencesGlesmann, C. (2024, 1 julio). Understanding the Push Vs. Pull System | StockIQ. StockIQ Technologies. https://stockiqtech.com/blog/push-vs-pull-system/#:~:text=Keep%20in%20mind%20that%20around,system%20for%20specialized,%20customized%20orders.
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