Adequate inventory records, Business Management

Assignment Help:

An efficient inventory control necessitates maintenance of proper inventory records because various inventory records contain information to meet the needs of purchasing production sales and financial staff. Any typical information regarding any particular item of inventory may be had at hand from such records. Such information may be about quantity in hand or in transit or on plants location unit cost EOQ recording points safety level etc. For each item of inventory statements forms reports etc. Should be designed in such a way that the clerical cost of maintain these records must be kept at a minimum.


Related Discussions:- Adequate inventory records

Towards effectiveness and efficiency in an organization, QUESTION Meeti...

QUESTION Meetings and committees have unfortunately acquired notoriety, being widely regarded as ineffective and wasteful of precious time (i) Give your views on the above

Blueprint the new business systems, The activities of phase 6 are the follo...

The activities of phase 6 are the followings. 1. Define  the new  flow of work, 2. Model  the new process steps, 3. Model the  new  information  requirements , 4. Descr

Engineering Risk Management, Total Marks – 15 ( 1-2 pages answers) Large d...

Total Marks – 15 ( 1-2 pages answers) Large department stores are several storeys high and carry a wide range of products. In many of the departments, there are significant quanti

Outline the importance of good body language at work, QUESTION 1 (i) ...

QUESTION 1 (i) Outline the importance of good body language at work. (ii) Elaborate on its importance while dealing with clients. Answer with examples. QUESTION 2

Listing the competency or skills gaps, John was hired to the company as an ...

John was hired to the company as an Assistant Brand Manager 2 years ago, and is a high potential employee. John was hired directly after graduation from an MBA program at a prestig

Tqm implementation, At this stage as senior managers becomes committed ...

At this stage as senior managers becomes committed and involved in preparing the plan for TQM implementation they start to : a. Point out the benefits of TQM for the o

Benefits of e-business to organisations, QUESTION (a) With the help of ...

QUESTION (a) With the help of appropriate examples, describe Porter's five forces model for e-Business companies. (b) Explain briefly two measures organisations may adopt to

Describe the communication process, Question: "Presenters, especially s...

Question: "Presenters, especially scientists, seem to have jumped onto the "PowerPoint" bandwagon, and are using visual aids throughout their presentation - from the title slid

Lateral or horizontal communication , Lateral or horizontal communication i...

Lateral or horizontal communication is more important today than vertical communication. Do you agree or disagree? Justify your answer

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd