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Article

Понимание структуры запасов предприятия как инструмент управления ими

Inventory reduction has become one of the main activities undertaken by most companies both in Russia and in the world. Companies strive to be efficient, especially in the present situation of economic recession. However, it is often the case that management does not fully understand what lies behind the dry figures of financial reports. Inventory is necessary for any company, it helps the company to function properly and meet the customers’ demand on time. Therefore, thorough planning is crucial before any project on inventory reduction comes into effect. The first step for this project should be understanding the inventory structure. Without such understanding the company runs the risk of out of stock situation which results in profit lost and customers dissatisfied.

 

There is a lot of information in both electronic and printed resources about how one can stratify one’s inventory, basing on the goods’ position in the production process, or the purpose the inventory serves, or some other criteria. We will look at the example of a global FMCG company, which divides its inventory into several categories basing on the category’s purpose or root-cause of existence (transit, block, quarantine, prebuild, safety, cycle, overstock, residual).

 

The company’s example shows how inventory can be successfully managed, taking into consideration each category’s specifics and addressing them by various means capable of influencing exactly this type of inventory, thus reducing stock on hand while not endangering service level.