Inventory is a stock of materials used to satisfy customer demand or support the production of goods or services. Though inventory is an idle resource and adds to the risk of the firm, it is almost essential to keep some inventory in order to promote smooth and efficient running of business. The study of inventories is necessary because it is an organisational asset; it needs to be acquired, allocated and controlled. All organisations have inventory. Inventories influence sales and revenue generation. They impact customer relations and influence production and operations costs.
This book presents a detailed description of Inventory Control Management. It has 12 chapters which cover almost everything from basic concept and models of inventory to finished goods inventory and inventory control. This book has been written with an aim to provide the students a complete textbook on this topic.
Inventory Basics/Operations Strategy/Forecasting Demand/Basic Inventory Models/Inventory Systems Under Risk/Aggregate Planning and Material Planning/Material Requirements Planning (MRP I)/Work-in-Progress and Manufacturing Resource Planning (MRP II)/Finished Goods Inventory and Distribution Requirements Planning/Just-in-Time/Spare Parts Management/Standardisation, Variety Reduction and Inventory Control
Inventory Control Management
- Publisher: Excel books
- Product Code: Inventory Control Management
- Availability: 20
- Excluding Tax: INR 312.00