What is the prime aim of a good inventory control, Business Management

Assignment Help:

What is the prime aim of a good inventory control?

A good inventory control will aim to:

1. Procure material of good quality within time

2. It doesn’t to face shortage of material

3. Ignore delay in production schedules

4. Achieve production targets

5. Acquire delivery dates precisely

6. Assists industry to build up its reputation and keep better customer relations.


Related Discussions:- What is the prime aim of a good inventory control

Processes of problem solving and decision making, QUESTION Instruction...

QUESTION Instruction- Read the following case study and answer the questions below On a Saturday night at one in the morning Mr and Mrs Samuel, repeated guests of Marriott

Major characteristics and policies of a company, Question 1 A well- for...

Question 1 A well- formulated strategy is vital for growth and development of any organization. Explain the corporate strategy in different types of organization. Question

Why is the performance appraisal important, Why is the performance appraisa...

Why is the performance appraisal important? Significance of performance appraisal: • This is helpful into operational decisions of personal management relating to pay rai

Fog index, Select an article of around 200 words from any business publicat...

Select an article of around 200 words from any business publication. Analyze the readability of the article using the "Fog Index". Is the reading level appropriate for the reader o

What is breakeven analysis, What is Breakeven Analysis? Breakeven Ana...

What is Breakeven Analysis? Breakeven Analysis: It implies that at several point in the operations, total revenue equivalents total cost. This analysis is concerned along

Mrp, what are the factors affecting the calculations of material requiremen...

what are the factors affecting the calculations of material requirement planning ?

Describe the elements of execution of advertising in brief, Question 1 Dis...

Question 1 Discuss the Visualisation strategy in advertising and the components of Visualisation strategy Question 2 Describe the elements of execution of advertising in brie

What type of material use in promotion of productivity, What type of materi...

What type of material use in promotion of productivity? Material in promotion of productivity: a. It must be change of design of component b. It must be useful in proc

Provide leadership across the organization, Examine the strategic and busin...

Examine the strategic and business planning documents of bounce fitness.Evaluate and report if they are consistent with the strategic direction and if they provide clear leadership

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