Floyd D
Hedrick, Library of Congress, Washington, D
Editor: Jeannette Budding, Communications Manager National Association of Purchasing Management Inventory management Abstract Inventory management, or inventory control, is an attempt to balance inventory needs and requirements with the need to minimize costs resulting from obtaining and holding inventory
There are several schools of thought that view inventory and its function differently
These will be addressed later, but first we present a foundation to facilitate the reader's understanding of inventory and its function Inventory management is inventory management in short
As an important inventory of liquid assets, its existence is bound to take up a lot of liquidity
In general, inventories of industrial enterprises accou