Inventory Management

  

Categories: Accounting, Credit

Just how does Amazon do it? Like...14 billion boxes shipped all over Creation. In short: inventory management.

Inventory management is the act of ordering, organizing, storing, and shipping the inventory to be sold.

If you were renting out a warehouse to story inventory, you’d only want to rent as big of a place as you’d need and not much bigger—or else you’re wasting money. But you also don’t want to rent a place so small that you risk not being able to keep enough inventory on hand to keep up with demand influxes.

Balancing fixed warehousing costs, variable inventory-moving costs, timing, seasonal changes, organization, and inventory needs (fragile? large? refrigeration required?) are all involved in inventory management. If you’re an inventory manager, you’re either running a tight ship...or a madhouse.

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the birds Yeah while their inventory to the car dealership

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the cars are inventory the loads of nose hair trimmers

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inventory albeit kind of gross ish inventory especially after use

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the four thousand yards of denim cloth sitting in the

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toe weave it all together to make levi's for the

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gap Yep that cloth is inventory It isn't finished inventory

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prime time or a prime thigh or whatever But it's

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an asset for the company who owns it and it

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is held as inventory on the balance sheet Work in

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process right there at the balance sheet right there Okay

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And when that inventory is sold and turned into revenues

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it'll just become part of the expenses line on the

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Gse that's What people in the accounting bids say Cocks

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thie Inventory is a good but inventory is always good

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a hefty shock straight to the hunger And that hurts

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