INVENTORY

MANAGEMENT
INVENTORY

 Inventory
These are goods that a business entity holds for resale
or redistribution.

 Types of Inventory
a. Inventory of Materials
b. Inventory of Work in Progress
c. Inventory of Finished Goods
d. Maintenance, Repairs & Operating (MRO) Materials
IMPORTANCE OF INVENTORY

Why Hold Inventory

a.For Transactionary Motives
b.For Anticipatory Motives
c.For Precautionary Motives
TYPES OF INVENTORY/STOCK
QUESTIONS ON INVENTORY
INVENTORY COSTS
INVENTORY MODELS
ECONOMIC ORDER QUANTITY
PRODUCTION ORDER QUANTITY
QUANTITY DISCOUNT MODEL
ABC ANALYSIS