What Is a Stock Cycle?
In the study of the industry economy, by observing the cyclical changes in the inventory situation and the reasons for its changes, and analyzing the industry's market environment and prosperity, a cycle of the cosine curve from inventory decline to increase and decrease is called the inventory cycle.
Inventory cycle
Right!
- Chinese name
- Inventory cycle
- Foreign name
- inventory cycle time
- Meaning
- Average time from warehouse to warehouse
- Stage
- Five stages
- Function
- Shipping schedule application
- Features
- Meeting larger business needs
- In the study of the industry economy, by observing the cyclical changes in the inventory situation and the reasons for its changes, and analyzing the industry's market environment and prosperity, a cycle of the cosine curve from inventory decline to increase and decrease is called the inventory cycle.
- Inventory cycle time
- Within a certain range, the average time from inventory entry to delivery.
- Its meaning is how much lead time it takes to get the goods after the purchase order is issued.
- This can be used for simple shipment scheduling applications. It can also calculate the safety stock and the optimal purchase replenishment time
- However, some people say that the inventory cycle refers to the number of sales / inventory cycles of the company.
- The higher the number, the faster the company's inventory turnover, which can meet the larger business requirements with a lower inventory level
- For strong
- The management of the inventory cycle is achieved through the inventory cycle control model, while ensuring the continuity of production and achieving the economics of inventory. According to whether the inventory is single-cycle demand or multi-cycle demand, the inventory is divided into two types: single-cycle inventory and multi-cycle inventory. The inventory control of single-cycle demand items is single-cycle inventory management, and the inventory control of multi-cycle items is multi-cycle inventory management.
- The so-called single-cycle demand refers to only a short period of time, or less demand, also called a one-time order quantity. Single-cycle demand in industrial enterprises generally has the following two situations: the demand for certain items that occasionally develop, such as Christmas cards, which are often the occurrence of certain types of short-life items, such as perishable items Other short-lived and outdated products, such as journals, daily newspapers, etc. The so-called multi-cycle demand refers to the repeated and continuous demand for a certain inventory within a sufficiently long period of time, so that its inventory demand must be continuously replenished. Multi-cycle demand is common in industrial enterprises.