A study on the effectiveness of inventory management and control system in a milk producer organization

Rao, Abhishek S and Nayak, Naresh P (2017) A study on the effectiveness of inventory management and control system in a milk producer organization. International Journal of Logistic systems and management, 28 (02). pp. 253-266. ISSN 1742-7975

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Abstract

Inventory management is mainly concerned about identifying the amount and the position of the goods that a firm has in their inventory. Inventory management is imperative as it helps to defend the intended course of production against the chance of running out of important materials or goods. Inventory management also includes making essential connections between the replenishment lead time of goods, asset management, and the carrying costs of inventory, future inventory price forecasting, physical inventory, and available space for inventory, demand forecasting and much more. The major objective of the study is to examine to the techniques used by the company to control the inventory. It also includes studying the effectiveness of the technique adopted. In this report we can come to know the background information and the objective of the industry as a whole and also develop the project procedures and various method performed in order to get a detailed report on the industry.

Item Type: Article
Uncontrolled Keywords: EOQ; ABC; inventory; carrying costs; milk producer.
Subjects: Hotel Management > WGSHA Manipal
Depositing User: WGSHA EPrints Administrator
Date Deposited: 19 Oct 2017 09:52
Last Modified: 19 Oct 2017 09:52
URI: http://eprints.manipal.edu/id/eprint/149843

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