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| Article Name : | | | “A STUDY OF INVENTORY MANAGEMENT IN SANGHVI QUALITY PRODUCTS PVT.LTD.BARSHI” | | Author Name : | | | JADHAV ANIKET HANAMANT and PATIL GAURI BHIMRAO | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | GRT-2008 | | Article URL : | |  | Author Profile View PDF In browser | | Abstract : | | | Inventories are resources of any kind having & economic value. Inventories constitute one of the most important elements of any system of dealing with supply, manufacturing & distribution of goods & services. Effective inventories management plays a critical role in the smooth & efficient running of any business. Reducing excess inventory & investing in the right inventories lead to improved customers service, increased inventory turnover, reduced costs & increased profitability. So inventory management is very essential for today business. “Inventory management is planning & devising procedures to maintain an optimum level of raw material, work-in-process, finished goods, consumables & stores.” | | Keywords : | | |
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