1.What is non moving items
2.what is slow moving items
3.what is fast moving items
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Answer / rajender reddy
More then one >180 days or <>360 days are called nonmoving
items.
Slow moving report is depending on consumption. Consumed
items from the date of receipt of items consumed with in
>60 to <180 days qty (that qty items we called slow
moving )
fast moving report is depending on consumption. Consumed
items from the date of receipt of items consumed with in
less then 30 days or 60 days (that items we called fast
moving )
*** Normaly each and every company is buying materials on
credit basis from suppliers like 30 to 90 days. this
material we have consume with in the 30-60days of period
other wise there is no use taking credit from supplier
Thanks & Regards
Rajendhar reddy
| Is This Answer Correct ? | 60 Yes | 15 No |
Answer / p.a.adhikari
Material which is not required
Material conumption is very slow
material consumed immediately
| Is This Answer Correct ? | 64 Yes | 32 No |
Answer / s.c.surolia
1 Items which has not moved since more than 3 years called
non moving
2 items which has moved once a year called slow moving
3.very high consumption and frequently moving items called
fast moving
| Is This Answer Correct ? | 44 Yes | 21 No |
Answer / anand
The defination of Non-Slow-Flast moving material is vary
company to company.
In case of finished goods, the goods do not have demand in
the market may be called non-moving or dead inventory. The
finished goods have very slow movement i.e. the turnover
ratio is more than 6 months (depends), it may be called
slow moving goods and rest are fast moving items.
The raw material is consumed in final product process.
Hence if the raw material is specially for single finished
product and the same finished product have no demand in the
market, the raw material will be treated at dead/non moving
inventory. Similarly the inventory having defects and
cannot be used in consumption, these are obsolute items and
will be covered under non moving defination. Slow moving
may be against depend on company policy as stated above and
rest are fast moving items.
| Is This Answer Correct ? | 33 Yes | 12 No |
Answer / shashank pandey
item catogery totaly depand on material consuption
non moving itme are those whicg are not consuming since
three month & as per your projected MRP it can not be use
in future .
slow moving itmes are those which consuption is low than 5%
in reference of stock.
rest parts are fastmoving items
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / sarada prasanna patra
ITEMS NOT MOVED MORE THAN 05 YEARS ARE CALLED NON MOVING
ITEMS MOVING 03 TO 05 YEARS ARE CALLED SLOW MOVING
ITEMS MOVED WITHIN ONE YEAR IS FAST MOVING
| Is This Answer Correct ? | 52 Yes | 41 No |
Answer / shashank pandey
More then one >180 days or <>360 days are called nonmoving
items.
Slow moving report is depending on consumption. Consumed
items from the date of receipt of items consumed with in
>60 to <180 days qty (that qty items we called slow
moving )
fast moving report is depending on consumption. Consumed
items from the date of receipt of items consumed with in
less then 30 days or 60 days (that items we called fast
moving )
*** Normaly each and every company is buying materials on
credit basis from suppliers like 30 to 90 days. this
material we have consume with in the 30-60days of period
other wise there is no use taking credit from supplier
| Is This Answer Correct ? | 14 Yes | 5 No |
Answer / achyut pandey
Basically there are three types of items: 1. Regular moving 2. Slow moving and 3. Obsolete.
Besides industries define sub categories in order to bring focus of inventory management like rarely moving, Non moving depending on their respective usage and inventory size.
We can not classify an item as "Non-Moving" based on a defined period of movement, which is required and has movement in the past and are not obsolete (no more required in any case during the life time of the assets).
| Is This Answer Correct ? | 2 Yes | 1 No |
1.What is non moving items 2.what is slow moving items 3.what is fast moving items
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