Proposal On valuation Of Inventory In Retail Company




Proposal on

[Valuation of Inventory in Retail Company]

by

Background

In a small company there is a risk that the management focuses so much on the core business that other administrative tasks are ignored. For example, there is a risk that the company does not control its inventories efficiently.

Purpose

The purpose of this study will be to describe and analyze the valuing and control of the inventory in a small retail company and, where appropriate, give suggestions for improvement.

Literature Review

A study published in March 2008 of the journal Institute for Supply Management shows that it actually pays to keep stocks at a low level. ...
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