Inventory Control Systems
Inventory control systems are technology solutions that integrate all aspects of an organization's inventory tasks, including shipping and delivering, purchasing, receiving, warehouse storage also known as back stock, turnover, tracking, and reordering.Generally, inventory types can be grouped into four classifications: raw material, work-in-process, finished goods, and MRO goods.
○ Raw Materials. ... ○ Work-In-Process. ...○ Finished Goods. ... ○ Transit Inventory. ...
○ Buffer Inventory ... ○ Anticipation Inventory... ○ Decoupling Inventory... ○ Cycle Inventor