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An inventory system helps to make sure that product purchased from a supplier is correctly dispensed to the customer: This cuts back on overhead, waste (where products are perishable) and can help you to minimize theft (internal and external)
Wiki User
∙ 13y ago
Wiki User
∙ 12y agosome organisam are really big and small and fish have organisam everything has it essenp the human body organisam are in the water hope this answer your question
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What are the objectives of inventory management?
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
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
Discuss the features of computer based inventory system?
COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM
Objectives of logistics management?
There are many objectives of logistics management. They include operating objectives, rapid response, minimum inventory, minimum variance, movement consolidation, and quality improvement.
What is merchandise inventory system?
Merchandise inventory:
Do you have a diversity inventory for college curriculum?
You can create an inventory that measures diversity with your college curriculum. Whether you have one or not depends on the strategic objectives of the university.
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
Objective of inventory management?
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
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.
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.
