Summary content

Inventory ManagementInventory management is one of the most important methods of managing institutions Which needs to be serious control, in order not to be exposed to any theft or embezzlement, which needs a periodic inventory in order to ensure that the stock is sound and there is no deficiency in the stores.

It is also a processInventory ManagementOne of the most difficult operations facing any institution (commercial or Industrial) for several reasons ⇓

Or notIt is the determination of the quantity to be stored and appropriate for the activity and movement of production in order to avoid exposure to the largest problems

secondlyThe ability to choose the place of storage carefully and to be suitable for the nature of stored materials and provide several means in it (protection - lighting - good ventilation) .

ThirdThat storage in appropriate scientific methods be made from the beginning of receipt through receipt, examination, coding, exchange and registration

And before we get to know the inventory and its management methods, we must ask ourselves an important question at the beginning:

Warehousing Management is responsible for:

Inventory management (inventory/ /Stock Management is responsible for:

The main storage function is to keep the varieties used in industrial or commercial movement in appropriate quantities And in suitable, safe and close places to consumption and providing means of transportation, until the need for them.

Full products (Finisedted Goods & amp; FG There are also in industrial companies and commercial companies.

What are the costs of inventory?!

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Inventory management is one of the main tasks that managers are interested in any industrial company, due to the dignity

And the importance of the large stock that may cost more than one50%Among the expenses of the industrial establishment, many ways to divide the inventory emerged, but the most famous of them was the most important method of the industrial exemption that divided the stock into:

Industrial varieties directly : Raw materials - half -manufactured materials - final products.

Industrial varieties indirectly : Maintenance materials - administrative and written materials.

Now with Udn You can monitor your stock while you are in your home, because the program offers you a lot of advantages that make it one of the best programs for managing inventory.

Of course, any industrial institution, that is, its size, whether large, medium or smallAccounts programStrong to ensure the inventory of the stores and accounts of their customers and suppliers, learn about the quantities in stores and obtain warnings of goods that have reached the minimum and move to restore the stockpile of its nature, because the inventory is the lifestyle for any industrial institution that may lead to the stopping of the whole production movement if the stock is carried out .

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An accounting system that includes monitoring inventory, accounts and banks and linking them online is one of the largest accounting offices globally has set the standards of ease and speed for the UDN electronic cloud regardless of the volume of transactions.

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