What are the metrics followed by a stores manager to
control Inventory?
Answers were Sorted based on User's Feedback
Answer / mrityunjay prasad
Inventory turnover is main metrics for Inventory control.
Is This Answer Correct ? | 4 Yes | 3 No |
Answer / keerthikumar
Inventory turnover based on your production plan,Before
producton against order inventory has to plan,only right
quantity to be maintain.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nilesh nagpure
Genrally it LIFO , FIFO (Last IN First Out , First In First
Out)
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Answer / subhash surolia
Reduction in purchase lead time & increasing in inventory turn over ratio is the best way for inventory control
Is This Answer Correct ? | 0 Yes | 0 No |
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