Classification and identification of inventories, Business Management

The inventory includes stocks of raw materials semi finished goods finished and components etc, of several description. In order to facilitate prompt recording locating and dealing each item of inventory should be assigned a particular code for proper identification and then must be divided or sub divided in groups on any basis ( location nature of item plants etc) feasible. Special efforts should be made to establish an effective control of high value items. ABC analysis is very much helpful in this regard.

Posted Date: 3/26/2013 3:00:58 AM | Location : United States







Related Discussions:- Classification and identification of inventories, Assignment Help, Ask Question on Classification and identification of inventories, Get Answer, Expert's Help, Classification and identification of inventories Discussions

Write discussion on Classification and identification of inventories
Your posts are moderated
Related Questions
QUESTION 1 Examine the major justifications for government regulations in the business environment. Use examples from the Mauritian context to illustrate your answer QUESTI

Normal 0 false false false EN-US X-NONE X-NONE

1. Describe the five core elements of a data centre (form the user through to the storage system). Explain how each element can be made 100% available at all times. 2. While the

QUESTION 1 As individuals, people possess different characteristics that either positively or negatively affect their attitude and behaviour. Identify and describe carefully in

Question 1 i) Consider two organisational environment in which one of the organisation is having no or little communication between departments and the other organisation where

Question 1: (a) Describe the contribution of FOUR fields to Organisational Behaviour. (b) Describe what do you understand by the following terms: (i) Roles


QUESTION For many years, Eastman Kodak had control on the film production industry. The firm had managed to time the release of its new products to meet customer demands. Howev

It is an imperative that when formulating Operational plans the environments in which the business operates in are considered, identify the environments and the tools used to analy

Define the Theory ‘Y’ in human relations. Theory ‘Y’: It is a positive approach to human relations wherein a supervisor integrates the requirements of his subordinates al