IISCM

IISCM

IISCM is a leader in Supply Chain Consulting, Certifications and Executive Development Programs. IISCM is a unit of Fhyzics Business Consultants Private Limited - an Authorized Channel Partner (ACP) of APICS, USA [Part of the Association for Supply Chain Management, ASCM Network]. Fhyzics offers end-to-end support for Certified Supply Chain Professional (CSCP), Certified in Production and Inventory Management (CPIM) and Certified in Logistics, Transportation and Distribution (CLTD) certifications of APICS, USA. For more details, please visit www.IISCM.org or speak to our consultants at +91-900-305-9000.... Show More

The three perspectives of defining inventory. They are types of inventory, functions of inventory and nature of inventory. Raw material, work in process, finished goods inventory, distribution inventory and maintenance, repair and operating supplies (MRO) are the types of inventory. Safety stock, cycle stock, decoupling inventory, transportation inventory, hedge inventory, anticipation inventory, buffer inventory are the functions of inventory. The nature of inventory could be independent or dependent. 

Are you able to discern the differences between types, functions and nature of inventory?

For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].



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