I am giving an answe on the basis of my Retail Experience..... In Retail supply Chain we are using a Vendor to DC and then DC to Stores......If we are replinishing our store from Distribution Center then it will be Relpenishment Inventory and Once we are purchasing from supplier to fulfill our requirment of DC that will called Requirement Planning.......
What is the difference between fixed asset and inventory
The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.
in fact there is no diff.
periodic takes place on an irregular schedule where perpetual is a constant state of inventory
* Inventory: A concept of having something stored. * Warehouse: A building to store goods in.
Their is no Difference
What is the difference between fixed asset and inventory
The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.
The use of oxygen.
A replenishment philosophy focuses on maintaining optimal inventory levels to meet demand through proactive replenishment actions, such as using reorder points or economic order quantity models. In contrast, a requirements philosophy emphasizes meeting demand based on specific requirements or triggers, such as customer orders or production schedules, without necessarily maintaining a buffer stock.
what is definition of inventory? what is the difference between inventory and asset?
in fact there is no diff.
There is no different between the two measurement.
periodic takes place on an irregular schedule where perpetual is a constant state of inventory
PPE is part of unventory
An inventory variance report shows the difference between previous recorded inventory quantity and correct inventory quantity which is discovered immediately after a physical count. It also reports on the value difference the quantity variances caused.
* Inventory: A concept of having something stored. * Warehouse: A building to store goods in.