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Bazaar
PRESENTED BY :
GROUP 9
RAJNI VASHIST (PGFB1338)
SALONI MISHRA (PGFB1343)
SHAHBAAZ AHMED (PGFB1345)
SHRAVAN KUMAR (PGFB1347)
SUNDRAM SINHA (PGFB1352)
SWATI SHARMA (PGFB1353)
OBJECTIVE OF THE STUDY
Objective-
Minimize the total (actual or expected) cost or to maximize
(actual or expected) profit.
Variables :
The Controlled variables
The uncontrolled variables
Need of Inventory Management:
The stocks entered into the floor can only come out with a
customer unless damage or defective.
The stock management on the floor depends on the foot
fall of customers.
The stock management on the floor are analyzed by the
department manager.
The concerned DM request for the replenishment when
the sales are high.
The request are received by the warehouse team and
accordingly replenishment happens.
ADVANTAGE