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Introduction: In any business or organization, all functions are interlinked and connected to each other and are often overlapping. Some key aspects like supply chain management, logistics and inventory form the backbone of the business delivery function. Therefore these functions are extremely important to marketing managers as well as finance controllers. Inventory management is a very important function that determines the health of the supply chain as well as the impacts the financial health of the balance sheet. Every organization constantly strives to maintain optimum inventory to be able to meet its requirements and avoid over or under inventory that can impact the financial figures. Inventory is always dynamic. Inventory management requires constant and careful evaluation of external and internal factors and control through planning and review. Most of the organizations have a separate department or job function called inventory planners who continuously monitor, control and review inventory and interface with production, procurement and finance departments. Defining Inventory Inventory is an idle stock of physical goods that contain economic value, and are held in various forms by an organization in its custody awaiting packing, processing, transformation, use or sale in a future point of time. Any organization which is into production, trading, sale and service of a product will necessarily hold stock of various physical resources to aid in future consumption and sale. While inventory is a necessary evil of any such business, it may be noted that the organizations hold inventories for various reasons, which include speculative purposes, functional purposes, physical necessities etc. Number of Pages of Project Report: 62 Package Includes: Synopsis/Project Proposal + Project Report Project Format: Document (.doc) Table of Contents of Project Report: CHAPTER 1: INTRODUCTION OF THE STUDY. RATIONALE OF THE STUDY OBJECTIVES OF THE STUDY NEED OF THE STUDY CHAPTER 2: LITERATURE REVIEW CHAPTER 3: RESEARCH METHODOLOGY Research Paradigm Research design Type of Research Method Data source The Sample Data collection Data Analysis method CHAPTER 4: DATA ANALYSIS AND INTERPRETATION FINDINGS CONCLUSION CONCLUSION SUGGESTIONS AND RECOMMENDATIONS FUTURE RESEARCH LIMITATIONS

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INVENTORY MANAGEMENT

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Introduction: In any business or organization, all functions are interlinked and connected to each other and are often overlapping. Some key aspects like supply chain management, logistics and inventory form the backbone of the business delivery function. Therefore these functions are extremely important to marketing managers as well as finance controllers.

Inventory management is a very important function that determines the health of the supply chain as well as the impacts the financial health of the balance sheet. Every organization constantly strives to maintainoptimum inventoryto be able to meet its requirements and avoid over or under inventory that can impact the financial figures.

Inventory is always dynamic.Inventory managementrequires constant and careful evaluation of external and internal factors and control through planning and review. Most ofthe organizationshave a separate department or job function calledinventory plannerswho continuously monitor, control and review inventory and interface with production, procurement and finance departments.Defining InventoryInventoryis an idle stock of physical goods that contain economic value, and are held in various forms by an organization in its custody awaiting packing, processing, transformation, use or sale in a future point of time.Any organization which is into production, trading, sale and service of a product will necessarily hold stock of various physical resources to aid in future consumption and sale. While inventory is a necessary evil of any such business, it may be noted that the organizations hold inventories forvarious reasons, which include speculative purposes, functional purposes, physical necessities etc. Number of Pages of Project Report: 62

Package Includes: Synopsis/Project Proposal + Project ReportProject Format: Document (.doc)

Table of Contents of Project Report:CHAPTER 1: INTRODUCTION OF THE STUDY. RATIONALE OF THE STUDYOBJECTIVES OF THE STUDYNEED OF THE STUDYCHAPTER 2: LITERATURE REVIEWCHAPTER 3: RESEARCH METHODOLOGYResearch ParadigmResearch designType of Research MethodData sourceThe SampleData collectionData Analysis methodCHAPTER 4: DATA ANALYSIS AND INTERPRETATIONFINDINGSCONCLUSIONCONCLUSIONSUGGESTIONS AND RECOMMENDATIONSFUTURE RESEARCHLIMITATIONSQUESTIONNAIREREFERENCES


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