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Title: :  Inventory Management
PaperId: :  11840
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 6 Issue 2 2020
DUI:    16.0415/IJARIIE-11840
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
H. GowriPrince Shri Venkateshwara Padmavathy Engineering College
Mrs. S. RATHIKAPrince Shri Venkateshwara Padmavathy Engineering College
Mrs. D. PRAVEENAPrince Shri Venkateshwara Padmavathy Engineering College

Abstract

Finance
Analysis of Inventory Management, EOQ, Stock Levels
The study is on inventory management is a vital part manufacturing organization to be more competitive. Inventory are raw materials, work- in- process goods and completely finished goods that are consider to be the portion of business assets that are ready or will be ready for sale. Formulation a suitable inventory is one of the major concerns for an inventory. Therefore the purpose of this research is to identify the problem of inventory management faced by the manufacturing of an enterprise. The data used for the study is secondary data collected through the journals, magazines, and websites. The data was evaluated with the help of financial tools i.e., economic order quantity, stock level, Trend analysis, inventory turnover ratio. The analytical research design has been used for the study. The study on inventory management in cumi reveals that the company can take measures for maintenance of proper stores and spares so as to avoid the frequent breakdown of the machinery. To understand and measure economic order quantity for the selected raw material. The stock level is required for an efficient and effective control of materials and to avoid over and under – stocking of materials. The inventory turnover ratio has been increased by sales level and maintaining the required level of inventory.

Citations

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IJARIIE H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. "Inventory Management" International Journal Of Advance Research And Innovative Ideas In Education Volume 6 Issue 2 2020 Page 1360-1365
MLA H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. "Inventory Management." International Journal Of Advance Research And Innovative Ideas In Education 6.2(2020) : 1360-1365.
APA H. Gowri, Mrs. S. RATHIKA, & Mrs. D. PRAVEENA. (2020). Inventory Management. International Journal Of Advance Research And Innovative Ideas In Education, 6(2), 1360-1365.
Chicago H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. "Inventory Management." International Journal Of Advance Research And Innovative Ideas In Education 6, no. 2 (2020) : 1360-1365.
Oxford H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. 'Inventory Management', International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 2, 2020, p. 1360-1365. Available from IJARIIE, http://ijariie.com/AdminUploadPdf/Inventory_Management_ijariie11840.pdf (Accessed : ).
Harvard H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. (2020) 'Inventory Management', International Journal Of Advance Research And Innovative Ideas In Education, 6(2), pp. 1360-1365IJARIIE [Online]. Available at: http://ijariie.com/AdminUploadPdf/Inventory_Management_ijariie11840.pdf (Accessed : )
IEEE H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA, "Inventory Management," International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 2, pp. 1360-1365, Mar-App 2020. [Online]. Available: http://ijariie.com/AdminUploadPdf/Inventory_Management_ijariie11840.pdf [Accessed : ].
Turabian H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. "Inventory Management." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 6 number 2 ().
Vancouver H. Gowri, Mrs. S. RATHIKA, and Mrs. D. PRAVEENA. Inventory Management. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2020 [Cited : ]; 6(2) : 1360-1365. Available from: http://ijariie.com/AdminUploadPdf/Inventory_Management_ijariie11840.pdf
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