Precise researched calculations ensure excessive overages do not occur, subsequently resulting in waste. Basic principles of good housekeeping skills as well as understanding requirements from excess provide basic guidance in the right direction of inventory management. The safety element of having critical spares on hand in a time of urgent need is the prime emphasis of safety stock. Whether these safety stocks prevent shortages during unexpected delays as well as a mission failure due to lack of critical spare parts, it is vital that the precisely maintained balance in a supply environment exists. Although smaller businesses may not benefit as highly as large supply chain dependent corporations as well as forces within the Department of Defense, understanding these principals are key to growth in any supply
Precise researched calculations ensure excessive overages do not occur, subsequently resulting in waste. Basic principles of good housekeeping skills as well as understanding requirements from excess provide basic guidance in the right direction of inventory management. The safety element of having critical spares on hand in a time of urgent need is the prime emphasis of safety stock. Whether these safety stocks prevent shortages during unexpected delays as well as a mission failure due to lack of critical spare parts, it is vital that the precisely maintained balance in a supply environment exists. Although smaller businesses may not benefit as highly as large supply chain dependent corporations as well as forces within the Department of Defense, understanding these principals are key to growth in any supply