What Is the Importance of Inventory Management?

Answer

Inventory management plays a big role in all that takes place. What you can realistically keep on hand and what is too much makes all the difference. Knowing how long it will take to get something will make all the difference in knowing when to order more of a certain product.
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Major objectives are: 1) To provide, proper and sufficcient information. 2) To facilite functions of other department. 3) To facilate decision making. 4) To prepare all the record
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