Enum: InventoryManagementApproachEnum

Inventory management methodologies

URI: valuesets:InventoryManagementApproachEnum

Permissible Values

Value	Meaning	Description
JUST_IN_TIME	None	Minimal inventory with precise timing
ECONOMIC_ORDER_QUANTITY	None	Optimal order quantity calculation
ABC_ANALYSIS	None	Inventory classification by value importance
SAFETY_STOCK	None	Buffer inventory for demand/supply uncertainty
VENDOR_MANAGED_INVENTORY	None	Supplier-controlled inventory management
CONSIGNMENT_INVENTORY	None	Supplier-owned inventory at customer location
KANBAN	None	Visual pull-based inventory system
TWO_BIN_SYSTEM	None	Simple reorder point system using two bins
CONTINUOUS_REVIEW	None	Continuous monitoring with fixed reorder point
PERIODIC_REVIEW	None	Periodic inventory review with 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
description: Inventory management methodologies
from_schema: https://w3id.org/linkml/valuesets
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