Tag Archives | Inventory

Management of Inventory

1. Introduction to Management of Inventory  Inventory management occupies the most significant position in the structure of working capital. Management of inventory may be defined as the sum of the total of those activities necessary for the acquisition, storage, disposal or use of materials. Inventory is one of the important components of current assets. Inventory management is an important area [...]

By |2022-12-13T12:10:15+05:30June 2, 2021|Financial Management|Comments Off on Management of Inventory

Inventory: Meaning, Classification and Need

In this article we will discuss about:- 1. Meaning of Inventory 2. Classification of Inventory 3. Need 4. Nature 5. Motives of Holding 6. Market Structure and Inventories 7. Costs of Holding 8. Methods of Evaluating Inventory. Meaning of Inventory: Inventory is the life blood of the industries. But an excess or shortage of inventory is harmful. It is the [...]

By |2016-08-18T11:11:46+05:30August 18, 2016|Inventory|Comments Off on Inventory: Meaning, Classification and Need
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