International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 41    Submit Your Rating     Cite This   Download        Certificate

INNOVATIVE INVENTORY CONTROL MANAGEMENT TECHNIQUES HELP IN BOOSTING BUSINESS PROFIT

    3 Author(s):  S.K.S. YADAV,KAMAL KUMAR, ASHOK KUMAR

Vol -  1, Issue- 1 ,         Page(s) : 319 - 329  (2010 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Inventory control is far more different than the old-school spreadsheet system. In many cases, we can monitor how much inventory we have at any given time across all our sales channels while utilizing reporting capabilities that provide insights into its business and clients. Inventory Management systems and controlling tools are very much helpful in improving the amount of profit of the company. Inventory Control tools automate and streamline the inventory process while integrating with other devices, such as e-Commerce site, accounting, fulfillment, and other retail applications, as we require. In the retailing sector, inventory control methods are generally tied to point-of-sale systems. There are a few inventory control management techniques that can help our brand’s efficiency and accuracy. Identifying the reasoning behind missing or lost inventory is critical in our brand’s success since brands live and die by their merchandise.

Allison, H.A.(2000). Production/Operation Management. MacDonald and Evans Ltd.,  London. 
Braide, J.J., M.(2005). Theory and Practice of Cost Accounting. Spring Field Publisher ltd Owerri, Nigeria. 
Farrington, B., & Lysons, K.(2006)., purchasing and supply chain management. London: Pearson Education.
Hills, N.S. (, 2000). Contemporary Management. Aotel K. Prentice Hall of India. 
Imaga, E.U.L.(2003). Theory and Practice of Production and Operations Management. 3rd Edition. PHYCE KEREX Publishers. Enugu ISBN: 978- 36014-9-0. 
J. J. Coyle, E. J. Bardi, and C. J. Langley Jr(2003). The Management of Business Logistics. A Supply Shain Perspective, 7th ed. SouthWestern Canada. 
J. W. Toomey (2000). Inventory Management: Principles, Concepts, and Techniques, The Netherlands: Kluwer Academic publisher. 
Jaja, S.A. (2004). Management Practice and Theory. Peal Publisher Ltd P.H Nigeria. 
Kotler, P.(2002). Marketing Management. 2nd Edition. The Millennium Edition. New Delhi: Prentice Hill of Indian 
L. Bourne and D. H. T. Walker(2005). “Visualising and mapping stakeholder influence,” Journal of Management Decision, vol. 43, no. 5, pp. 649-660.
Lucy, T.(2000). Management Accounting. D. P. Publication Ltd. Akhni 142-144 UX Bridge RD Shepherd London W.R. & A.W. 
P. Kotler(2002). Marketing Management: The Millennium Edition, 2nd ed. New Delhi: Prentice Hill of India. 
Pandey, I. M.(2005). Financial Management. 8th Edition, Vilkas Publishing House, PVT Ltd.
Stevenson, W.J.(2007). Operations Management. Instructors Edition McGraw-Hill, Irwin www.mhhe.com 
Telsang, M. (2010). Industrial Engineering and Production Management S Chand and Company Ltd. ISBN: 81 – 219 – 1773 – 5.
Waters, C.D.J.(1989). A Practical Introduction to Management Science. Addison Wesley Publishing Company, Inc. ISBN: 9-201-41603-1.
                                                 

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details