Monday, 18 September 2017

Inventory Management


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.