Sunday, June 22, 2014

Always Better Control Ananlysis on Inventory

               How you control quality and quantity inventory

ABC Analysis A= ALWAYS B= BETTER C= CONTROL On inventory basis here is the explanation, A category of inventory contains high quality of inventory and charge with high price but gets low quantity B category OF Inventory contains medium quality of inventory and charge with medium price but gets satisfying quantity C category of inventory contains least quality of inventory and charge with low price even gets more quantity. Those are essential to understand the concept of inventory and involved with Quality, Price and quantity.

     1) Every manufacture has to concentrate on inventory control system for gaining better results because need to estimate further demand in the market hence producer can minimize the expenditure and can save time.

    2) production can be done in continuous  process because targets need to be achieved..