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A REVIEW STUDY ON INVENTORY MANAGEMENT STRATEGIES
Shailesh H. Rathod*, Hemant R. Thakkar

Published in: International Journal of Scientific Review and Research in Engineering and Technology
Volume- 2, Issue-1, pp.28-36, Dec 2016
DPI :-> 16.10069.IJSRRET.2016.V2I1.2836.1357



Abstract
The management and control of inventory is a problem common to all organizations in any sector of the economy. More than 60% of working capital is normally being invested in the inventory. Inventory constitutes one of the important items of current assets, which permits smooth operation of production and sale process of a firm. Inventory management is that aspect of current assets management, which is concerned with maintaining optimum investment in inventory and applying effective control system so as to minimize the total inventory cost.In this review paper several inventory management case studies carried out by several researchers. The objective of this review to identify suitable inventory control technique for efficient inventory management system.

Key-Words / Index Term
Inventory, Inventory control, Inventory management, FSN Analysis.

How to cite this article
Shailesh H. Rathod*, Hemant R. Thakkar , “A REVIEW STUDY ON INVENTORY MANAGEMENT STRATEGIES”, International Journal of Scientific Review and Research in Engineering and Technology, 2, Issue-1, pp.28-36, Dec 2016. DPI:16.10069.IJSRRET.V2.I1.1357