Inventory Mgt - Inventorys other names are goods, stock or...

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Unformatted text preview: Inventorys other names are goods, stock or products of company . 80% of business transactions are relating to purchasing and selling of inventories. Inventory can divide in raw material, work in progress and finished goods. For continuing production, it is very necessary to manage inventory management because without inventory management, it may possible that there is no stock in store and without stock of raw material our production may delay. But the sense of inventory management in finance or financial management is advance and it is the part of working capital management . In finance, it is the money of investment. So, proper inventory management is very helpful to provide good return on the investment in inventory. I want to take your attention on following facts which are needed for proper inventory management....
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This note was uploaded on 10/19/2011 for the course FINANCE 302 taught by Professor Staff during the Fall '10 term at East West University, Chicago.

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