EBK MARKETING
10th Edition
ISBN: 9780135209783
Author: Stuart
Publisher: YUZU
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Chapter 11, Problem 10QA
Summary Introduction
To define:The term Inventory control and its importance and ways in which RFID technology is revolutionizing the inventory management.
Introduction:
Inventory controlling is keeping the inventory stocks enough to meet the future demand in the lowest possible inventory carrying cost.
Inventory management is defined as the process of ordering, utilizing and storing a company's inventory. This includes the management of components, finished products and raw materials as well as processingand warehousing of such items.
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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY