No.89 ~ Inventory Control | Meaning | Objective | Benefits |
40.3 هزار بار بازدید -
2 سال پیش
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00:00 Starting
00:15 Meaning
01:54 Objectives
02:56 Benefits
Meaning of Inventory Control
Inventory control is a scientific method of finding how much stock should be maintained to meet the production demands and be able to provide the right type of material at right time in the right quantities to the departments. It avoids problems like over and understocking. Because,
a.) If there is an overstocking, then the working capital will be blocked and the materials may be spoiled, wasted, or remain unused.
b.) If there is an understocking, then production will not take place as per schedule, and deliveries will be affected.
Objectives of Inventory Control
1.) To avoid shortage of raw material as far as possible.
2.) To make optimum utilization of money during the inflow or outflow of inventory.
3.) To maintain a timely record of inventories.
4.) To make short and long-term planning of delivery of material.
5.) To ensure an adequate supply of products to customers.
Benefits of Inventory Control
1.) It improves customer relations because of the timely delivery of goods and services.
2.) Maintain the right level of inventory that ensures smooth and uninterrupted production.
3.) Efficient utilization of working capital.
4.) Forecasting for Short-term and Long-Term Stock
5.) Help to know Real-Time Inventory Levels
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inventory control kya hota hai
inventory control kya hota hai in Hindi
Production & Operation Management Boo...
==============================
📕 Advertising Management Book series 📕
Advertising Management Book series
==============================
✅ How to Purchase Production and Operation Management Book PDF ✅
How to purchase Production and Operat...
==============================
00:00 Starting
00:15 Meaning
01:54 Objectives
02:56 Benefits
Meaning of Inventory Control
Inventory control is a scientific method of finding how much stock should be maintained to meet the production demands and be able to provide the right type of material at right time in the right quantities to the departments. It avoids problems like over and understocking. Because,
a.) If there is an overstocking, then the working capital will be blocked and the materials may be spoiled, wasted, or remain unused.
b.) If there is an understocking, then production will not take place as per schedule, and deliveries will be affected.
Objectives of Inventory Control
1.) To avoid shortage of raw material as far as possible.
2.) To make optimum utilization of money during the inflow or outflow of inventory.
3.) To maintain a timely record of inventories.
4.) To make short and long-term planning of delivery of material.
5.) To ensure an adequate supply of products to customers.
Benefits of Inventory Control
1.) It improves customer relations because of the timely delivery of goods and services.
2.) Maintain the right level of inventory that ensures smooth and uninterrupted production.
3.) Efficient utilization of working capital.
4.) Forecasting for Short-term and Long-Term Stock
5.) Help to know Real-Time Inventory Levels
what is inventory control
what is inventory control in Hindi
what is inventory control by student notes
meaning of inventory control
meaning of inventory control in Hindi
meaning of inventory control in simple words
meaning of inventory control ppt
inventory control in operation research
inventory control system
inventory control management
objective of inventory control
benefits of inventory control
advantages of inventory control
stock control
inventory control techniques
inventory control kya hota hai
inventory control kya hota hai in Hindi
2 سال پیش
در تاریخ 1400/11/29 منتشر شده
است.
40,377
بـار بازدید شده