BUSINESS CAPABILITY - Inventory Management
| Description | EN: Focuses on efficient control, tracking, and optimization of inventory levels. It involves maintaining optimal stock levels, accurate tracking, forecasting demand, and ensuring effective storage and retrieval. By balancing lead times, order quantities, and demand fluctuations, it reduces costs, prevents stockouts or overstocking, and ensures timely order fulfillment. FR: Se concentre sur le contrôle, le suivi et l'optimisation efficaces des niveaux de stock. Cela inclut le maintien de niveaux de stock optimaux, le suivi précis, la prévision de la demande et la garantie d’un stockage et d’une récupération efficaces. En équilibrant les délais de livraison, les quantités commandées et les fluctuations de la demande, cela réduit les coûts, évite les ruptures de stock ou les surstocks et assure une exécution des commandes en temps voulu. |
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| Name (FR) | Gestion des stocks |
| Classifying categories | 
Logistics
Procurement |
| Parent Maps | 
Procurement Services (from: 
Enterprise Operations)
Logistics Services (from:
Enterprise Operations)
Supply Chain Services (from:
Industry Shared Assets) |
| Packaging Library |
Industry Shared Assets |
TREE VIEW
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Inventory Management (*)Focuses on efficient control, tracking, and optimization of inventory levels. It involves maintaining optimal stock levels, accurate tracking, forecasting demand, and ensuring effective storage and retrieval. By balancing lead times, order quantities, and demand fluctuations, it reduces costs, prevents stockouts or overstocking, and ensures timely order fulfillment.
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Inventory Optimization
Focuses on maintaining optimal stock levels by balancing factors such as lead times, order quantities, and demand fluctuations. It integrates with accounting systems to provide analysis of costs, inventory turnover, and profitability. This helps avoid overstocking and stockouts while maintaining efficient operations and cost control.
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Inventory Planning
Involves analyzing historical data, forecasting future demand, and aligning inventory levels accordingly. The goal is to ensure sufficient stock availability while minimizing excess inventory and related holding costs. Accurate planning supports operational efficiency, timely production schedules, and cost reduction.
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Stock Keeping
Involves systematically tracking and recording all movements of inventory, including stock levels, locations, and movements across various storage points within the enterprise. This ensures real-time visibility into inventory status, reduces errors, prevents stock discrepancies, and enhances decision-making with reliable data.
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Warehouse Management
Manages the efficient storage, retrieval, picking, packing, and shipping of inventory within warehouse operations. It ensures that warehouses are optimized for space, labor efficiency, and quick order fulfillment. This capability helps reduce operational delays, improve order accuracy, and meet customer demands promptly.
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