Abstract
Abstract: A manufacturing company's performance depends on efficient inventory management and control. Inventory control and management play a crucial role in meeting customer demand, controlling costs, planning production effectively, ensuring quality, and managing cash flow. This paper discusses the role of inventory control and management in a manufacturing company and highlights the key ways in which inventory control and management are important to the success of a manufacturing company. The system's goal is to bridge the substantial gap between inventory management theory and practice and let industrial inventory managers conduct effective and successful inventory management.
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More From: International Journal for Research in Applied Science and Engineering Technology
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