Keyword Analysis & Research: manufacturing inventory management

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What are the problems with inventory management?

Inventory management problems can interfere with a company’s profits and customer service. They can cost a business more money and can lead to an excess of inventory overstock that is difficult to move. Most of these problems are usually due to poor inventory processes and out-of-date systems.

What are functions of inventory management?

The functions of the inventory management are as follows: The manager of the inventory has to take great care of time. He should be well aware that how much time a unit will take in processing and reaching the inventory so that the material does not get short in inventory.

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