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picture1_Slideshare Management 75197 | Inventory Management


picture2_Slideshare Management 75197 | Inventory Management picture3_Slideshare Management 75197 | Inventory Management

 139x       Filetype PPTX       File size 0.82 MB       Source: gcp.ac.in


File: Slideshare Management 75197 | Inventory Management
MEANING OF INVENTORY MANAGEMENT Inventory management refers to the process of ordering,storing,using and selling a companys’ inventory. This includes the management of raw materials, components, finished products, as ...

icon picture PPTX Filetype Power Point PPTX | Posted on 02 Sep 2022 | 2 years ago
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...Meaning of inventory management refers to the process ordering storing using and selling a companys this includes raw materials components finished products as well warehousing processing such items objectives main objective is determine level for each type purchasing carrying costs should be compared with its benefits example when firm purchases in bulk quantity out stock risk decrease but case it continues purchase reaches point where exceede therefore maintain only proper not financial manager concerned also affects marketing production managers determining an optimum co ordination among all them essential explained detail ensure that supply material goods will remain continuous so halted demands customers are duly met minimize keep investment at reduce losses theft obsolescence wastage etc make arrangement sale slow moving ffeeaattuurrees os if innvveennttoorryy manmanagageemmeenntt comprised many system makes handling inventories easy simpler task owing services overall efficiency...
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