INVENTORY

MANAGEMENT
 What is Inventory
Management?
Inventory management is a stock items that are held to meet what
time.
It listed the goods and materials and those goods and materials
themselves are held by available in the business.
It also a collection of good products that processed the form of
desired of the output to the organization.

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 What are the usage of
Inventory management?
 Improved Accuracy of Inventory Orders.
 Improved Warehouse Organization.
 Improved Warehouse Productivity.
 Save Time and Money.
 Improved Customer Retention and Engagement.

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 What are the importance of
Inventory management?
1. Improved Cash Flow: Inventory management provides the ability to optimize inventory
levels, minimizing the amount of capital tied up in inventory and freeing up cash for other
investments.

2. Increased Efficiency: Inventory management systems create a more organized and efficient
warehouse, which reduces the amount of time spent searching for products and minimizes the
number of errors that occur due to lack of organization.

3. Enhanced Customer Service: By having an accurate view of inventory levels, businesses

can respond quickly to customer orders, providing timely deliveries and improved customer
satisfaction.

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 What are the importance of
Inventory management?
4. Reduced Costs: By having the right products and the right quantity in inventory, businesses
can reduce the costs associated with ordering, storing, and transporting goods.

5. Improved Planning: Inventory management provides the necessary data to make informed
decisions, such as when to place orders and when to reorder products. This can help to
ensure that businesses have the right products in stock at the right time.

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 Just-in-Time
Management (JIT)

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 Safety Stock

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 Dropshipping

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 Batch Tracking
Method

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 Thanks!
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