answersLogoWhite

0

How do you start an inventory planning?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

There are different strategies of inventory planning. One has to decide on the one which appears the most appealing to him or her. Sell Through Percent for example can be started by comparing the sales to the stock and purchasing items accordingly.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you start an inventory planning?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between inventory control and inventory planning?

Their is no Difference


The characteristics of inventory planning and control?

Inventory planning keeps an accurate count of what materials a company needs to sell or use to produce products. The inventory is controlled by predicting usage based on past usage.


What has the author Dennis W McLeavey written?

Dennis W. McLeavey has written: 'Production planning and inventory control' -- subject(s): Inventory control, Production planning


What are the characteristics of inventory planning?

electricity and water should be stored


What has the author Edward A 1937- Silver written?

Edward A. 1937- Silver has written: 'Decision systems for inventory management and production planning' -- subject(s): Decision-making, Inventory control, Production planning


When did federal inventory tax start?

In the US there is no federal tax on inventory.


The resource management planning process includes the following steps?

Maintain resource inventory


What does open to buy mean?

Open to buy is a method of planning and controlling retail inventory. Calculate your opening inventory balance (in units or dollars), add the in-coming (already ordered) inventory and subtract your projected sales for the period...then compare that number to your desired ending inventory amount...the difference is how much you are open to buy (inventory that should be ordered). So if you start with 100,000 and have 10,000 on order and expect sales to be 40,000 and you want your ending inventory to be 90,000...You are open to buy 20,000 90- (100 + 10 - 40) = 20


How do you account for the inventory of a start-up construction company?

Inventory at start-up is a capital contribution of the owners, actual costs, not market values.


How do you account for the inventory of a start up construction company?

Inventory at start-up is a capital contribution of the owners, actual costs, not market values.


What is an example of an inventory map?

Ex.used for planning out trips, bringing it on the road for use as in business trips.


Which basic production planning strategy will build inventory and avoid the costs of excess capacity?

Which basic production strategy will build inventory and avoid the costs of excess capacity