The time between inventory reviews is called the review time period (RTP). The figure illustrates the typical workings of an inventory program with review time periods. The longer the RTP, the lower the administrative costs of the inventory policy. However, the longer the RTP, the greater the likelihood of stockouts.
Warehouse knowledge
Review Time Period
Bài viết cùng chủ đề:
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Supply Chain Bar Code Scanning
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Inbound Logistics Stratification
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Inventory Visibility Optimization
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Interleaving
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Inventory Deployment
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Inventory Deployment
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Two-Bin System
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Inventory Control Policy
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Lot Size Simulation
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Lot Sizing Introduction
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Lot Size Optimization
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Inventory Planning Cycle Time Variability
