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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.
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Inventory are the result to many interrelated decisions and policies within an organization. These policies depends on company internal strengths and weaknesses and externa
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