Module 9 : Basic Inventory Principles

TRANSACTIONS and FILE MAINTENANCE MODULE

Book keeping of inventory control :
Entry, auditing, control and processing of inventory transactions
Necessity :
Continuous updating to provide accurate information on
- Available stock (on hand and on order)
- Customer order status
- Cost of items
- Delivery lead times
- Source of acquisition
- Ordering restrictions
- .....
Development :
mainly the area of data processing.



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Prof.S.G.Deshmukh & Prof.Arun Kanda