Rajamahender(PGPB6), in his in-depth
research on Inventory Management has found some startling revelations on IM. He
is destined to contribute a series of columns to our GenOps Club. The 1st
outing deals with the fundamental concepts of Inventory management and its value
added to the operations management.
Release
– 1
Inventory Management
In any business or
organization, all functions are interlinked and connected to each other and are
often overlapping. Some key aspects like supply chain management, logistics and
inventory form the backbone of the business delivery function. Therefore, these
functions are extremely important to marketing managers as well as finance
controllers.