How can reduce inventory holding time without following Just In Time?

study the market needs to be able to validate the proper inventory

Re order level ===============

study the market needs and the sale target need to be determined which would help reduce the cost of inventory.

Prepare sales forecast report based on that keep accurate inventory.

to be reduced betwen demand and supply variabilty, reduce safety stock based.

Reduce forecast error.

Improve information sharing with all concern.

 

 

just in time is an inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production ,thereby reducing inventory cost.

Accounting treatment for lost or stolen assets depends on the nature of assets. For the purpose of accounting of lost or stolen assets, the accounting treatment may be classified into the following categories:

1. Accounting for lost / stolen tangible fixed assets
2. Accounting for lost / stolen stores and inventory
3. Accounting for lost / stolen cash and other valuable assets

- See more at: http://accounting-simplified.com/questions/stolen-lost-assets-accounting-treatment.html#sthash.egvzlayO.dpuf

Accounting treatment for lost or stolen assets depends on the nature of assets. For the purpose of accounting of lost or stolen assets, the accounting treatment may be classified into the following categories:

1. Accounting for lost / stolen tangible fixed assets
2. Accounting for lost / stolen stores and inventory
3. Accounting for lost / stolen cash and other valuable assets

- See more at: http://accounting-simplified.com/questions/stolen-lost-assets-accounting-treatment.html#sthash.egvzlayO.dpuf