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MBA Operations

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Inventory management and its importance an overview (MBA Operations)



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MBA Project ID: 497
MBA Project Name: Inventory management and its importance an overview (MBA Operations)
MBA Category: MBA Operations
Project Abstract:
 
Inventory management is the management of inventory and stock. As an element of supply chain management, inventory management includes aspects such as controlling and overseeing ordering inventory, storage of inventory, and controlling the amount of product for sale. Every organization needs inventory for smooth running of its activities. It serves as a link between production and distribution processes. The investment in inventories constitutes the most significant part of current assets/working capital in most of the undertakings. Thus, it is very essential to have proper control and management of inventories. The study starts with an introduction to inventory management, review of literature, study of various inventory analysis technique, and the importance, where the data are analyzed and interpreted, to find out how the inventories were managed and its importance.
Project Report: 62 Pages
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