Sunday, October 21, 2012

What is Inventory Control? Definition Meaning Achievement

What is Inventory Control? Definition
1. According to Gordon Carson,"Inventory control is the process where by the investment in materials and parts carried in stocks is regulated, within pre-determined limits set in accordance with the inventory policy established by the management."This definition of inventory control is taken from a book titled 'Production Handbook' published in 1958 and

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