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MRP glossary TOP > Inventory Control > Receive/Issue

Receive/Issue

Receive/Issue

To perform inventory control, it is indispensable to control the procedure of receive/issue. There are two methods to do it: the one to use a slip when actually receiving/issuing from a warehouse; another to use a slip when inspecting or completing the work (in this case, a receive/issue is regarded to occur  on the slip). The former is called Receive/Issue, and the actual slips are used when items are entered or taken from a warehouse.

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Reference:JIT Business Research Mr. Hirano Hiroyuki

Receive | Inventory Control | Receive/Issue