Inventory Management CCSU B.Com 3rd Semester NEP Notes

Unit 1 [Book]
Inventory Management Concept, Meaning	VIEW
Inventory Management Process	VIEW
Why inventory Management is important?	VIEW
Principles of Inventory Management	VIEW
How to improve Inventory Management?	VIEW
Perpetual Inventory System	VIEW
What are Inventory Costs	VIEW
Role of Inventory Management	VIEW
Methods of Inventory Management	VIEW
Benefits of good Inventory Management	VIEW

Unit 2 [Book]
Concept and Objectives of Inventory, Need for holding Inventory	VIEW
Planning and Controlling Inventory Levels	VIEW
Effects of excess Inventory on Business	VIEW
Inventory Product Classification, Product Coding	VIEW
Lead Time	VIEW
Replenishment Methods:	VIEW
Just–In–Time (JIT)	VIEW
Economic Order Quantity (EOQ)	VIEW
Reorder Points	VIEW

Unit 3 [Book]
Management of Working Capital: Concept, Meaning, Classification	VIEW
Factors determining Working Capital requirements	VIEW
Sources of Working Capital	VIEW
Need of Working Capital	VIEW
Working Capital Ratio: Current Ratio, Quick Ratio, Absolute Liquid Ratio, Cash Ratio and Working Capital Turnover Ratio	VIEW

Unit 4 [Book]
Concept and Meaning of Inventory Control, Objectives, Importance, Types	VIEW
Essentials of Inventory Control	VIEW
Techniques of Inventory Control:
EOQ	VIEW
ROP	VIEW
ABC	VIEW
VED	VIEW
JIT	VIEW
Determination of Inventory Level	VIEW
Impact of Inventory Inaccuracy	VIEW
Disposal of Obsolete and Scrap items, Reasons for Obsolescence, Control of Obsolescence, Control of Scrap	VIEW