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Q. What are the various managing inventory tools?
Raw material
Materials and elements used to assemble or manufacture finished goods.
Work-in-progress
Incomplete finished goods as like finished goods that require more work before that they can be sold to customers.
Finished goods
Completely or wholly manufactured goods ready for sale.
Consumables
Disposable elements or materials used for the production as like lubricants or cleaning material for disposable, machines equipment or tools.
In his will who left his wife his second best bed?
Discuss the four enablers of purchasing and supply chain excellence.
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How common do you think it is for people to try to justify their conduct by the argument that "Everybody's doing it"? Give examples from your own experience.
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