Impact of Inventory Management on Organization’s Performance: Optimizing Inventory Management for Enhanced Organizational Performance

Abstract

Inventory constitutes the most critical piece of larger part of Indian assembling enterprises. Due to the enormous inventories kept up by most firms, an extensive whole of an association's reserve is being dedicated to them. In this way it turns out to be completely basic to oversee inventories proficiently in order to maintain a strategic distance from the expenses of changing creation rates, extra time, sub-contracting, pointless cost of offers and delay purchase punishments amid times of pinnacle request. This paper discusses impact of inventory management on organization’s performance.