INVENTORY CONTROL

Inventory Control



Inventory Management

Introduction

A system for management of inventory in a company is a process for optimal management and location of materials and objects. The aim of inventory management in an organization is to make sure that needs of the organization are met in delivering services or products to customers (Anctil, Saly, and Borneman 2009, 11).

Inventory management is a very crucial part of management of a business because companies generally incur a huge amount of money on the management of inventory.

Discussion

Inventory control system at Eriska Hotel

The management of Eriska Hotel has applied ABC inventory management in their hotel ...