Inventory management rules

The specific principles and techniques used in order to determine the approapriate level of inventory required.

inventory administration rules
inventory supervision rules
inventory oversight rules
inventory management rule
inventory managing rules
inventory regulation rules
inventory managing rule

knowledge

cross-sector

Inventory management rules is an essential knowledge of the following occupations:

Motor vehicles parts advisor: Motor vehicles parts advisors sell motor vehicle parts, order parts and identify alternative parts.
Materials handler: Materials handlers execute the handling and storage of materials through activities such as loading, unloading and moving articles in a warehouse or storage room. They work according to orders to inspect materials and provide documentation for the handling of items. Materials handlers also manage inventory and ensure the safe disposal of waste.
Inventory coordinator: Inventory coordinators keep track of products stored in warehouses for transport to stores, wholesalers and individual customers. They inspect the inventory and maintain paperwork and documents.

Inventory management rules is optional for these occupations. This means knowing this knowledge may be an asset for career advancement if you are in one of these occupations.

Auditing clerk: Auditing clerks collect and examine financial data, such as inventory transactions, for organisations and companies and ensure they are accurate, properly maintained, and that they add up. They review the numbers in databases and documents, evaluate, and consult and assist the source of the transaction if necessary, which includes accountants, managers or other clerks.
Wholesale merchant: Wholesale merchants investigate potential wholesale buyers and suppliers and match their needs. They conclude trades involving large quantities of goods.
Specialised seller: Specialised sellers sell goods in specialised shops.
Sales engineer: Sales engineers provide technical customisation of products based on customers requests and needs (mainly heavy duty), such as building equipment. They take care of business to business contact and assume responsibility for complex repairs and maintenance process.
Supply chain assistant: Supply chain assistants work closely together with managers in the operations processes, namely purchasing, manufacturing, and distribution processes. They help with administrative and pragmatic follow up of actions such as invoicing, drafting and preparation of contracts and purchasing orders, reconciliation of inventory against documents, and communication with distribution channels.

References

1. Inventory management rules – ESCO