answersLogoWhite

0

Objective of inventory system

Updated: 8/17/2019
User Avatar

Wiki User

14y ago

Best Answer

To keep everything in line and organized

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Objective of inventory system
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the Organizational objective of inventory system?

Organizational objective is predetermined, which activities are aimed. Description of organizational objective is general and qualitative. For examples: To earn a profit of 24% in 2011.


History of inventory system?

The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.


What is NEPA inventory system?

nepa inventory system


What is the scope of inventory system?

The scope of an inventory system includes managing inventory levels, tracking stock movement, recording transactions related to inventory, generating reports on inventory status, and integrating with other systems like sales and purchasing. It helps businesses maintain accurate stock levels, minimize stockouts, reduce excess inventory, and improve overall inventory efficiency.


What is system objective?

what are the objective of operating system


Discuss the features of computer based inventory system?

COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM


What is merchandise inventory system?

Merchandise inventory:


How do you ask questions regarding inventory system?

what are the possible questions for inventory system?


What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?

periodic inventory system


What are the disadvantages of periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.


What are the disadvantages of a periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.


How is IT useful in Inventory control system?

to practice he/she's knowledge how to use the inventory system