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.
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.
Reference:JIT Business Research Mr. Hirano Hiroyuki