Inventory Management

Inventory Replenishment for perishable items is quite complicated as* shelf life is limited,* demand is highly variable,* and the chance of inventory wastage is high due to expiry. Low availability may…

    Inventory management or control refers to the management of idle resources which have future economic value. Alternatively, Inventory may be defined as usable but idle resources that have economic…

Inventory Optimization One of the major operational challenges every organization face is to optimize working capital requirement without jeopardizing growth. We will discuss on one critical component of Working Capital…