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Enum: InventoryManagementApproachEnum

Inventory management methodologies

URI: valuesets:InventoryManagementApproachEnum

Permissible Values

Value Title Meaning Description Aggregation Automatic Automation Availability Bins Buffer Calculation Cash Flow Classical Classification Control Cost Efficiency Flow Focus Lean Location Low Cost Management Monitoring Optimization Ownership Pareto Partnership Periodic Pull Quality Quantity Reorder Point Responsiveness Risk Service Level Signals Simplicity Static Supplier Target Timing Trade Off Uncertainty Variable Visibility Visual Waste
JUST_IN_TIME Just-in-Time (JIT) Minimal inventory with precise timing continuous flow zero defect requirement supplier integration precise delivery timing inventory waste elimination
ECONOMIC_ORDER_QUANTITY Economic Order Quantity (EOQ) Optimal order quantity calculation mathematical calculation classical inventory model cost optimization static demand assumption ordering vs holding cost trade-off
ABC_ANALYSIS ABC Analysis Inventory classification by value importance value-based classification resource allocation efficiency priority focus on high-value items differentiated management Pareto principle application
SAFETY_STOCK Safety Stock Management Buffer inventory for demand/supply uncertainty inventory buffer additional holding cost stockout risk mitigation service level protection demand and supply uncertainty
VENDOR_MANAGED_INVENTORY Vendor Managed Inventory (VMI) Supplier-controlled inventory management automated replenishment supplier inventory control inventory efficiency supplier partnership demand visibility
CONSIGNMENT_INVENTORY Consignment Inventory Supplier-owned inventory at customer location immediate availability improved cash flow customer location supplier ownership supplier risk
KANBAN Kanban System Visual pull-based inventory system smooth material flow lean methodology pull-based replenishment kanban signals visual control system
TWO_BIN_SYSTEM Two-Bin System Simple reorder point system using two bins automatic reordering two-bin methodology low-cost implementation simple reorder system visual reorder point
CONTINUOUS_REVIEW Continuous Review System Continuous monitoring with fixed reorder point higher monitoring cost continuous inventory monitoring fixed order quantity fixed reorder point responsive to demand
PERIODIC_REVIEW Periodic Review System Periodic inventory review with variable order quantity order aggregation administrative efficiency periodic review intervals target inventory level variable order quantity

Slots

Name Description
inventory_management_approach Inventory management methodology

Identifier and Mapping Information

Schema Source

  • from schema: https://w3id.org/linkml/valuesets

LinkML Source

name: InventoryManagementApproachEnum
instantiates:
- valuesets_meta:ValueSetEnumDefinition
description: Inventory management methodologies
title: Inventory Management Approach
from_schema: https://w3id.org/linkml/valuesets
contributors:
- orcid:0000-0002-6601-2165
- https://github.com/anthropics/claude-code
status: DRAFT
rank: 1000
permissible_values:
  JUST_IN_TIME:
    text: JUST_IN_TIME
    description: Minimal inventory with precise timing
    annotations:
      timing:
        tag: timing
        value: precise delivery timing
      waste:
        tag: waste
        value: inventory waste elimination
      flow:
        tag: flow
        value: continuous flow
      supplier:
        tag: supplier
        value: supplier integration
      quality:
        tag: quality
        value: zero defect requirement
    title: Just-in-Time (JIT)
  ECONOMIC_ORDER_QUANTITY:
    text: ECONOMIC_ORDER_QUANTITY
    description: Optimal order quantity calculation
    annotations:
      optimization:
        tag: optimization
        value: cost optimization
      calculation:
        tag: calculation
        value: mathematical calculation
      trade_off:
        tag: trade_off
        value: ordering vs holding cost trade-off
      static:
        tag: static
        value: static demand assumption
      classical:
        tag: classical
        value: classical inventory model
    title: Economic Order Quantity (EOQ)
  ABC_ANALYSIS:
    text: ABC_ANALYSIS
    description: Inventory classification by value importance
    annotations:
      classification:
        tag: classification
        value: value-based classification
      focus:
        tag: focus
        value: priority focus on high-value items
      management:
        tag: management
        value: differentiated management
      efficiency:
        tag: efficiency
        value: resource allocation efficiency
      pareto:
        tag: pareto
        value: Pareto principle application
    title: ABC Analysis
  SAFETY_STOCK:
    text: SAFETY_STOCK
    description: Buffer inventory for demand/supply uncertainty
    annotations:
      buffer:
        tag: buffer
        value: inventory buffer
      uncertainty:
        tag: uncertainty
        value: demand and supply uncertainty
      service_level:
        tag: service_level
        value: service level protection
      cost:
        tag: cost
        value: additional holding cost
      risk:
        tag: risk
        value: stockout risk mitigation
    title: Safety Stock Management
  VENDOR_MANAGED_INVENTORY:
    text: VENDOR_MANAGED_INVENTORY
    description: Supplier-controlled inventory management
    annotations:
      control:
        tag: control
        value: supplier inventory control
      visibility:
        tag: visibility
        value: demand visibility
      automation:
        tag: automation
        value: automated replenishment
      efficiency:
        tag: efficiency
        value: inventory efficiency
      partnership:
        tag: partnership
        value: supplier partnership
    title: Vendor Managed Inventory (VMI)
  CONSIGNMENT_INVENTORY:
    text: CONSIGNMENT_INVENTORY
    description: Supplier-owned inventory at customer location
    annotations:
      ownership:
        tag: ownership
        value: supplier ownership
      location:
        tag: location
        value: customer location
      cash_flow:
        tag: cash_flow
        value: improved cash flow
      availability:
        tag: availability
        value: immediate availability
      risk:
        tag: risk
        value: supplier risk
    title: Consignment Inventory
  KANBAN:
    text: KANBAN
    description: Visual pull-based inventory system
    annotations:
      visual:
        tag: visual
        value: visual control system
      pull:
        tag: pull
        value: pull-based replenishment
      lean:
        tag: lean
        value: lean methodology
      signals:
        tag: signals
        value: kanban signals
      flow:
        tag: flow
        value: smooth material flow
    title: Kanban System
  TWO_BIN_SYSTEM:
    text: TWO_BIN_SYSTEM
    description: Simple reorder point system using two bins
    annotations:
      simplicity:
        tag: simplicity
        value: simple reorder system
      visual:
        tag: visual
        value: visual reorder point
      bins:
        tag: bins
        value: two-bin methodology
      automatic:
        tag: automatic
        value: automatic reordering
      low_cost:
        tag: low_cost
        value: low-cost implementation
    title: Two-Bin System
  CONTINUOUS_REVIEW:
    text: CONTINUOUS_REVIEW
    description: Continuous monitoring with fixed reorder point
    annotations:
      monitoring:
        tag: monitoring
        value: continuous inventory monitoring
      reorder_point:
        tag: reorder_point
        value: fixed reorder point
      quantity:
        tag: quantity
        value: fixed order quantity
      responsiveness:
        tag: responsiveness
        value: responsive to demand
      cost:
        tag: cost
        value: higher monitoring cost
    title: Continuous Review System
  PERIODIC_REVIEW:
    text: PERIODIC_REVIEW
    description: Periodic inventory review with variable order quantity
    annotations:
      periodic:
        tag: periodic
        value: periodic review intervals
      variable:
        tag: variable
        value: variable order quantity
      target:
        tag: target
        value: target inventory level
      aggregation:
        tag: aggregation
        value: order aggregation
      efficiency:
        tag: efficiency
        value: administrative efficiency
    title: Periodic Review System