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Inventory Management
Profit being the main objective of any business, efficient & productive use of funds assumes great importance in running the business !!

This application will help the learner to comprehend the nature of inventory.

Each chapter is an interactive learning environment packed with exercises, case studies and challenging questions. It also incorporates a detailed self-assesment test. These courses will rapidly equip you with the practical skills needed to get ahead in today's fast moving business world.

 

Chapters discussed are :
  • Benefits and advantages of inventory management.
  • Key objectives of inventory management and the role of an inventory manager to reduce these.
  • Important concepts pertaining to inventory management such as minimum level, EOQ,recorder point, lead-time and safety stocks etc.
  • Need for selective inventory management techniques like the ABC classification and VED analysis.


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