Inventory can buffer key interfaces, creating time and place utility. Key interfaces include:
1. Supplier and purchasing,
2. Purchasing and production,
3. Production and marketing,
4. Marketing and distribution,
5. Distribution and intermediary, and
6. Intermediary and customer
Having inventory at these interfaces helps ensure that demand is met and atck outs are minimized.
1. Supplier and purchasing,
2. Purchasing and production,
3. Production and marketing,
4. Marketing and distribution,
5. Distribution and intermediary, and
6. Intermediary and customer
Having inventory at these interfaces helps ensure that demand is met and atck outs are minimized.