Supplies caused by not arise in the supply and demand synchronization between the time used to process raw materials. To maintain balance demand with supply of raw materials and supplies required processing time. Therefore, there are four factors that serve as a function of the need to supply is the time factor, the factor of uncertainty when it comes, the use of uncertainty factors in plant and economical factors. Inventory has several functions, namely :

1. Decoupling function, which allows the operations of internal and external company has the freedom so that companies can meet the request directly without depending on the supplier.

2. Lot Sizing Economic function; through the storage of inventory, companies can produce or buy-resources in the quantity of resources that can reduce costs per unit.

3. Anticipation function, namely that companies often experience fluctuations in demand can be estimated and predicted based on experience or past data. In this case the company can hold a seasonal inventory. In addition, companies also face the uncertainty of the delivery period and the demand for goods during the period.

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Arifinfo is an Industrial Engineering’s blog.

Contributing Thought Leader Blognotions, for Manufacturers and Engineering.

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