Learn in the textbookData Utilization Processing and Business Applications
DefinitionInventory management (在庫管理) is the work of keeping goods and parts at a level with neither shortages nor excess.
ExplanationA stockout (欠品) means the goods are not there when needed. ABC analysis (ABC分析) is one method of focused control: it classes items in descending order of value and manages the top group most closely. Assigning stock to received orders is called allocation (引当).
AnalogyLike household staples. Running out is a nuisance, but overbuy and you run short of space and things pass their use-by dates.