Inventory Management Practices in Spinning Mills in South India
Keywords:
Inventory Management, work-in-progress, Acquisition, InvestmentAbstract
Inventory management is a system concerned with integration of information, transportation, acquisition, inspection, material handling, warehousing, packaging and control of supplies and ensuring security of inventory. Inventory management aims at discovering and maintaining optimal levels of investment in all types of inventories and maximizing the flow of goods, information and other related resources like people and energy from the point of origin to the point of final consumption. The main objective of this paper is to examine the inventory management practices in spinning mills.
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