What are the objectives of the inventory controlinventory, Ask an Expert

Management Studies

What are the objectives of the Inventory Control?

Inventory control is concerned with achieving an optimum balance between two objectives which are:-

1. For minimising investment into inventory since this implies money kept in store room.

2. For maximizing the service levels to the customers of the firm and its own departments.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9578320

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