Inventory Management Maa Shakumbhari University Saharanpur B.Com 3rd Sem Notes

Unit 1 [Book]
Meaning, Kinds of Inventory, Concept and Importance	VIEW
Inventory Management, Principles, Process, Importance	VIEW
Inventory Costs	VIEW
How to improve Inventory Management	VIEW
Benefits of Good Inventory Management	VIEW
Methods of Inventory Management	VIEW
Perpetual Inventory System	VIEW
Periodic Inventory System	VIEW

Unit 2 [Book]
Concept and Valuation of Inventory	VIEW
Concept and Objectives of Inventory, Need for holding Inventory	VIEW
Planning and Controlling Inventory Levels	VIEW
Effects of excess Inventory on Business	VIEW
Product Classification, Product Coding	VIEW
Lead Time	VIEW
Replenishment Methods	VIEW
Provisions of Accounting Standards-2 for Valuation of Inventories	VIEW

Unit 3 [Book]
Accounting for Material Losses and Obsolesces: Material Losses-Waste, Scrap, Spoilage, Defective works, Rejections	VIEW
Disposal of Obsolete and Scrap items, Reasons for Obsolescence, Control of Obsolescence, Control of Scrap	VIEW

Unit 4 [Book]
Inventory Control, Objectives and Importance, Types	VIEW
Essentials of Inventory Control	VIEW
Techniques of Inventory Control:
EOQ	VIEW
ROP	VIEW
ABC	VIEW
VED	VIEW
JIT	VIEW
Inventory Levels, Determination of Inventory levels	VIEW
Impact of Inventory Inaccuracy	VIEW