Inventory Management Improvement: A Case Study: Reducing Costs and Improving Efficiency through Inventory Management

Abstract

Inventory management is a testing issue territory in supply chain management. Organizations need inventories in Inventory rooms keeping in mind the end goal to satisfy client request, in the interim these inventories have holding expenses and this is solidified reserve that can be lost. Hence, the undertaking of Inventory management is to discover the quantity of inventories that will satisfy the request, maintaining a strategic distance from overstocks. This paper shows a contextual investigation for the amassing organization on Inventory management. It is proposed to utilize Inventory management keeping in mind the end goal to diminish Inventory levels and to apply an operator framework for mechanization of Inventory management processes.