Inventory Management.

Inventory Management:- Inventories represent a substantial amount of firm’s current assets. Proper management of Inventory is nece...

The Inventory Concept: The dictionary meaning of the word inventory is “Stock of goods”. The term ‘Inventory’ refers to the commod...

Classification of Inventories:- The Inventories in an Industrial concern is generally classified as following: ·          Raw mate...

Need for Holding Optimum Inventory Though inventory of materials is an idle resource (as they are not used immediately and stock...

Motives for Holdings Inventories Economists have established three motives for holding inventories. Transaction motive. P...