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.
| Original language | English |
|---|---|
| Pages (from-to) | 253-266 |
| Number of pages | 14 |
| Journal | International Journal of Logistics Systems and Management |
| Volume | 28 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2017 |
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All Science Journal Classification (ASJC) codes
- Management Information Systems
- Management Science and Operations Research
- Information Systems and Management
Cite this
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A study on the effectiveness of inventory management and control system in a milk producer organisation. / Rao, Abhishek S.K.P.; Nayak, Naresh.
In: International Journal of Logistics Systems and Management, Vol. 28, No. 2, 2017, p. 253-266.Research output: Contribution to journal › Article
TY - JOUR
T1 - A study on the effectiveness of inventory management and control system in a milk producer organisation
AU - Rao, Abhishek S.K.P.
AU - Nayak, Naresh
PY - 2017
Y1 - 2017
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=85029212353&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85029212353&partnerID=8YFLogxK
U2 - 10.1504/IJLSM.2017.086361
DO - 10.1504/IJLSM.2017.086361
M3 - Article
VL - 28
SP - 253
EP - 266
JO - International Journal of Logistics Systems and Management
JF - International Journal of Logistics Systems and Management
SN - 1742-7967
IS - 2
ER -