Inventory Classification Innovation

Inventory classification is the backbone of distribution profitability. Important inventory management criteria such as customer service level margin days supply and EOQ can not be applied across the board by vendor or product category. Therefore different types of items must be managed differently. Inventory Classification Innovation: Paving the Way for Electronic Commerce and Vendor Managed Inventory takes a quantum leap forward and explores inventory classification techniques used successfully in large multi-branch distribution for over 25 years. In his book Broeckelmann develops the innovative concepts of Type and Stock Code classifications.