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Inventory Management

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Track :

Business

Lessons no : 7

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Lessons | 7


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Prosper Thualni Manbuza

great course 2024-10-22

Fedila Mohammed Ahmed

thank yoy 2024-10-17

Hamza Bin Safdar Awan

Amzaing 2024-10-15

Hazoor Bakhsh

This course will prove to be a life changer 2024-10-07

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What are the 4 types of inventory? There are four main types of inventory: raw materials/components, WIP, finished goods and MRO.What are the methods of inventory management? Inventory Management Techniques Economic order quantity. ... Minimum order quantity. ... ABC analysis. ... Just-in-time inventory management. ... Safety stock inventory. ... FIFO and LIFO. ... Reorder point formula. ... Batch tracking.What is the main purpose of inventory management? The primary purpose of inventory management is to ensure there is enough goods or materials to meet demand without creating overstock, or excess inventory.