Práctica 3
Temas abordados
Práctica 3
Temas abordados
During inflationary periods in Mexico, the PEPS method allows businesses to utilize older, lower-cost stock to offer competitive prices compared to those reliant on newer, higher-cost stock. This pricing strategy can attract price-sensitive consumers, giving businesses a competitive edge and helping maintain or increase their market share despite rising prices .
The EOQ method integrates with cyclical counting by establishing an inventory control system that ensures inventory accuracy without needing full counts. It focuses on ordering economic quantities while cyclical counting regularly checks inventory accuracy by counting different classes at varying frequencies, often based on the ABC categorization .
The MRP system is recommended for industries with dependent inventory needs because it focuses on maintaining only necessary stock levels based on production requirements, ensuring that materials are available in the desired quantities, at the right place, and at the correct time. This aligns well with manufacturing industries where inventory levels need to be precisely managed to avoid excess stock or shortages .
Software systems enhance the implementation of inventory control methods such as MRP by automating complex calculations and connecting inventory control with manufacturing needs. These systems help in efficiently managing stock levels, ensuring material availability, and aligning production schedules, thereby reducing manual effort and errors .
When prices decrease, a business using the PEPS method may face losses because it has to sell inventory at a lower price than initially purchased or very close to purchase cost. This can result in reduced profit margins and potential financial losses if the cost to acquire the inventory was high compared to current market prices .
Adapting the ABC method's percentage guidelines to a company's specific characteristics is crucial because each company has different inventory structures and sales patterns. Sticking strictly to the general percentages may not accurately reflect the company’s inventory dynamics, potentially leading to misallocation of resources and inefficient inventory management .
The PEPS method, or FIFO, benefits businesses during high inflation by allowing them to offer competitive prices. Since PEPS prioritizes selling older inventory purchased at lower prices, businesses can offer lower selling prices compared to competitors who might rely on newer inventory purchased at higher prices, thus gaining market share .
The ABC method, also known as the 80/20 rule, categorizes inventory by importance based on quantity and their financial value. Categories include Class A items, representing around 20% of the total inventory with up to 80% of the value and generally low sales frequency. Class B items constitute 40% of the inventory, representing about 15% of the total value and having a moderate sales frequency. Lastly, Class C items account for the remaining 40%, having only 5% of the total value and the highest sales frequency .
The EOQ method is based on three key assumptions: the demand for inventory is constant and known in advance, the inventory usage rate is constant over time, and orders are received exactly when inventory levels deplete .
Cyclical counting offers advantages over complete inventory counting by enabling more frequent and less disruptive checks of inventory accuracy. It allows companies to detect and correct discrepancies regularly rather than conducting large, infrequent counts that are resource-intensive and can disrupt operations .