To keep everything in line and organized
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.
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.
nepa inventory system
what are the objective of operating system
nThe main objective of the project is to provide better inventory management system to the supermarket manager. nThus, providing the current stock details, employee details, new items to be added, transactions as well as reports.
COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM
Merchandise inventory:
what are the possible questions for inventory system?
periodic inventory system
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
Some of the objectives of inventory management are as following:-To reduce Searching TimeTo reduce WastageTo implement FIFO inventory controlTo improve inventory trackingTo increase productivityTo improve Storage Space UtilizationTo improve Inventory Accuracy