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Efficient inventory management is crucial for supply managers, as it directly impacts financial performance and competitive advantage. Excessive inventories can lead to significant capital and storage costs, along with risks like obsolescence, threatening a company's working capital. The book emphasizes the importance of balancing inventory levels to enhance quality and customer service, highlighting the strategic role of inventory management in the industry beyond mere storage functions.
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Materials Management: Inventory Valuation and Review, Josinaldo Dias
- Language
- Released
- 2021
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- Materials Management: Inventory Valuation and Review
- Subtitle
- An applied study
- Language
- English
- Authors
- Josinaldo Dias
- Publisher
- Our Knowledge Publishing
- Released
- 2021
- Format
- Paperback
- Pages
- 76
- ISBN13
- 9786203831665
- Series
- Description
- Efficient inventory management is crucial for supply managers, as it directly impacts financial performance and competitive advantage. Excessive inventories can lead to significant capital and storage costs, along with risks like obsolescence, threatening a company's working capital. The book emphasizes the importance of balancing inventory levels to enhance quality and customer service, highlighting the strategic role of inventory management in the industry beyond mere storage functions.