Systematization of Inventory Management: The Necessity of 'First In, First Out' Management
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In today's world where product lifespans are becoming shorter, implementing a "first-in, first-out management" system that minimizes the occurrence of "long-term stagnant inventory" is crucial! We propose systematization. ◆ About the systematization of "first-in, first-out management" (Overview) 1. About "first-in, first-out" management - Overview: A method where items that were received first are shipped out in order. This is applied to the receipt and shipment of raw materials, parts, products, and semi-finished goods. - Benefits: ◎ Minimizes the occurrence of "long-term stagnant inventory" ◎ Helps prevent "quality degradation" and "obsolescence," among other things. - Drawbacks: ▲ Requires management of "date / item code / quantity / storage location." 2. Other main methods of "shipment management" ◆ About the "last-in, first-out method" - Benefits / Drawbacks ◆ About the "random method" - Benefits / Drawbacks 3. Key points of "systematization" - Three key points (barcode / terminal / information management) 4. Image of "systematization" operation - Operational image of the three key points of "systematization" ★ We would appreciate it if you could download the materials and refer to them.
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