×
MindLuster Logo
Join Our Telegram Channel Now to Get Any New Free Courses : Click Here

Material Requirements Planning MRP System

Share your inquiries now with community members Click Here
Sign Up and Get Free Certificate
Sign up Now

Lessons List | 7 Lesson

Comments

Our New Certified Courses Will Reach You in Our Telegram Channel
Join Our Telegram Channels to Get Best Free Courses

Join Now

We Appreciate Your Feedback

Excellent
272 Reviews
Good
194 Reviews
medium
24 Reviews
Acceptable
1 Reviews
Not Good
3 Reviews
4.5
494 Reviews

Promit Bose

Very informative 2025-04-28

Kopano Nkwana

love how they explained everything with detail 2025-04-24

pankaj sul

Excellent 2025-04-23

Sahara Mashela

Very informative, loved it 2025-04-21

Show More Reviews

Course Description

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.