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BECDOMS PPT on Inventory Management

BECDOMS PPT on Inventory Management

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BECDOMS PPT on Inventory Management
BECDOMS PPT on Inventory Management

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Published by: Babasab Patil (Karrisatte) on Feb 27, 2012
Copyright:Attribution Non-commercial

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02/27/2012

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Inventory Management
 
D
efinitions
Inventory-
A
physical resource that a firm holds instock with the intent of selling it or transforming itinto a more valuable state.
Inventory System
- A
set of policies and controlsthat monitors levels of inventory and determineswhat levels should be maintained, when stock should be replenished, and how large orders should be
 
Inventory
D
ef.
- A
physical resource that a firm holds in stocwith the intent of selling it or transforming it into amore valuable state.
Raw Materials
Works
-
in
-P
rocess
Finished Goods
Maintenance, Repair and Operating (MRO)

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