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Inventory Management

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Presentation on: Inventory Management ,[object Object],[object Object],[object Object]
CONCEPT OF INVENTORY MANAGEMENT The term ‘inventory management’ is used in two ways unit control and value control.Production and purchase officials use this word in term of unit control whereas in accounting this word is used in term of value control.Investment in inventory represents the one of the largest asset item of business enterprises particularly those engaged in manufacturing ,wholesale trade and retail trade.
IMPORTANCE OF INVENTORY CONTROL ,[object Object],[object Object],[object Object],[object Object],[object Object]
TECHNIQUES OF INVENTORTY CONTROL ,[object Object]
TECHNIQUES OF INVENTORY CONTROL ,[object Object],[object Object]
INVENTORY LEVEL TECHNIQUE ,[object Object],[object Object],[object Object],[object Object]
ECONOMIC ORDER QUANTITY ,[object Object],[object Object],[object Object]
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Inventory Management

  • 1.
  • 2. CONCEPT OF INVENTORY MANAGEMENT The term ‘inventory management’ is used in two ways unit control and value control.Production and purchase officials use this word in term of unit control whereas in accounting this word is used in term of value control.Investment in inventory represents the one of the largest asset item of business enterprises particularly those engaged in manufacturing ,wholesale trade and retail trade.
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  • 9.