A STUDY ON INVENTORY MANAGEMENT IN NEYCER INDIA LIMITED, VADALUR.

Abstract

Inventory control is a system which ensures the provision of the required quantity of inventories of required quality at the required time with the minimum amount of capital investment. Thus the function of inventory control is to obtain the maximum inventory turnover with sufficient stock to meet all requirements. Inventory is an essential part of an organization. Every business or manufacturing organization however big or small to maintain some industry. Key Words: capital investment, inventory control, turnover, sufficient