Suppose there is a manufacturing co. of Air conditioner. In the manufacturing facility for the employees firm buy 1000 safety shoes. They put it as stock. Whenever any worker required or new employee comes then they may concern to him. Now how to cope with this stock of sneakers.
Maintenance information methods
I actually have one more question. Normally inventory includes consumables that is consumed within the production course of. I actually have a situation tell me the way to deal with this.
The Contractor shall expedite the supply, examine, accept the tools and spares, check invoices, organize shipment and insurance, and ahead one copy of each invoice and of each packing listing to the Company as soon as attainable after cargo. The Contractor shall put together and problem enquiries and buy orders for the objects as the Company will require and for his or her spares. The Contractor shall observe the identical process for spare pasts.
In order to ensure that they err on the safer aspect they normally advocate a large number of spares. If one follows their recommendations blindly, one finally ends up with a huge inventory level – giant part of which becomes non-transferring or sluggish … Read More