Inventory Management

Al Jeel’s Inventory management specifies the shape and percentage of stocked goods. It is present at different locations within Al Jeel’s supply network to precede the regular and planned course of stock of materials.

Al Jeel’s Inventory management seeks to acquire and maintain a proper stock assortment while ordering, shipping, handling, and related costs are kept in check. It also involves systems and processes that identify inventory requirements, set targets, provide replenishment techniques, report actual and projected inventory status and handle all functions related to the tracking and management of material. This includes the monitoring of material moved into and out of stockroom locations and the reconciling of the inventory balances. It also includes: ABC analysis, lot tracking, cycle counting support. Management of the inventories, with the primary objective of determining/controlling stock levels within the physical distribution system, functions to balance the need for product availability against the need for minimizing stock holding and handling costs.