Types Of Inventory Management System Essay

1372 Words Nov 9th, 2016 6 Pages
1 Types of inventory management system
4.11Transit inventory
This type of inventory result from transport of raw materials from one point to another. The merchandise shipped by trucks or rail takes days or even months to move from regional warehouse to retail facility. Some big firm like supermarket uses this inventory.
4.12 Manufacturing inventory: This inventory includes raw materials, WIP and finished goods.
Raw materials include goods in the form acquired from suppliers. For Example, Bamburi cement raw material include: clay, shale or limestone.
Work in progress includes goods that have been worked or partially assembled, but which are not yet finished goods. For uchumi supermarket, these goods are unfinished product like food stuffs, are work in progress inventory.
Finished goods include goods the company may have manufactured from raw materials and working in progress which are now in condition to be sold and shipped. For instance, in Bamburi industry cement is finished goods.

Enterprise Application software(EAS) Enterprise application software is computer web software that satisfy the need of an organization rather than individual users. Such organizations would include companies, banks, non-governmental organization or governments.
Examples of EAS
4.2 customer relation management software (CRM)
CRM is a computer software that the organization use to interact with the current and future customers. This web software analyzes data such as customer’s history with…
Open Document