Abstract
Inventory management basically aims at providing both internal and external customers with the required service levels in terms of quality, quantity and order rate fill to ascertain present and future requirements for all types of inventory to avoid overstocking and keeping costs to a minimum. As customer satisfaction is given more importance in academic institutions, quality and timely material supply is the primary consideration today. The inventory management system has therefore, to be designed in such a way that it should provide higher customer satisfaction. This paper discusses the overall purchase and inventory management system followed in two academic institutions and provides set of legitimate suggestions to improve the system.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
