answersLogoWhite

0

identifying requirements, order timing, minimizing product-on-hand, establishing storage and security procedures.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What is the scope of inventory management?

Inventory management helps businesses have the right products available for customers. Inventory management includes choosing the right suppliers for the business.


What is scope of inventory management?

The first scope of inventory management is to record all items that come into the business. The item should then be tracked through storage in a warehouse, going on to the shelf, selling to a customer.


What is the scope and delimitation of inventory system?

The scope of an inventory system encompasses the processes of tracking, managing, and controlling stock levels of goods and materials within an organization. It includes functions such as inventory tracking, order management, stock replenishment, and reporting. The delimitation often involves defining the specific types of inventory managed (e.g., raw materials, finished goods) and the exclusion of non-inventory-related functions, such as financial accounting or human resource management. Additionally, it may limit the geographical areas or specific departments within an organization that the inventory system covers.


What is the scope of inventory 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.


Scope of cash management?

scope of bank cash management


What is tha scope and limitations of sales and inventory system?

scope of sales system


Explain Nature and scope of educational management?

what is the nature and scope of educational management


What is the scope of human capital management?

The concept and scope of human capital management


What is the scope of marketing?

What is the scope of marketing management?


Discuss the nature and scope of management accounting?

difine the nature and scope of management accounting?


What is the Difference between Material management and inventory management?

Inventory management is a science primarily about specifying the shape and percentage of stocked goods.


Explain inventory Management policies?

what is definition of inventory? what is the difference between inventory and asset?

Trending Questions
What is a balanced scorecard used for in business strategy? Which step in the OP-SEC process requires you to look at your operation through the eyes of the adversary? What does a risk control procedure aim to do? What are the key differences between a business consultant and a management consultant, and how can their respective expertise be leveraged to enhance organizational performance? What is an epic in Scrum and how does it contribute to the overall project management process? What situation does management not matter in an organization? What is a product by value analysis and what type of decision does it help managers make? What are the most effective risk mitigation strategies to minimize potential threats and uncertainties in a project? Where can one obtain and online business administration degree? 'what lessons have you learned from this week's experience? What is a key mitigation plan? What are the key differences between critical chain and critical path methodologies in project management? What is project co-ordination? What do you understand by by project propanent? Do managers do more than rule their staff all day? What do you think are the most important competences you must possess in order to successful in running your chosen business? How do you describe how well you adapt to easily changing business needs? Why is it necessary to keep an itinerary at the office? How does risk management relate to corporate governance? You want to start a event management company so please suggest me a name 4 this?