Strategies to Increase Profit through Inventory Management
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| Title | Details |
|---|---|
| Book Title | Strategies to Increase Profit through Inventory Management |
| ISBN | 978-93-89947-56-4 |
| Product Form | Hardback |
| Language | English |
| Genre | Management |
| Name of Publishing Agency/Publisher | Excel India Publishers |
| Name of Author/Editor | Author: Dr. S.B. Saraswat |
| Publication Date | 28-08-2024 |
Description
Inventory is a serious issue world over in all kind of organisations including the industrial, the commercial and even the social organisations irrespective whether it is large or small. The accumulation of large inventory blocks the money and creates serious problems of the cash flow. This is the reason why everybody wants to acquire more and more inventory but doesn’t want the cash flow constraints
The mismanagement of inventory is basically based on the human psychology, attitude and a selfish desires to acquire more and more at any cost forgetting the consequences and ill effects of it.
There are thousands and thousands of Companies world over could not sustain their operations because of the inventory problems and closed down. Such examples are given in this book also which makes this topic extremely important for everybody.
This book is going to be high in demand and its utility will be really wide because of the reason that so far the authors have written books on this topic based on the theoretical knowledge which people do not read and try to understand and therefore, all the concerned persons relating to inventory management commit serious mistakes and then they learn for corrections which is very costly. In view of this, there are no practical books written by the people based on the experience and practical knowledge. This book gives the real-life situations, problems and corrective actions to be taken by all concerned relating to handling of inventory.
The author is highly experienced person with more than four decades of experience and knowledge on the subject. Bringing out a very useful and practical book on inventory management with practical strategies to increase the profit through efficient inventory management, will be liked by all readers. The reviews and the forewords coming from top of industry leaders speak self that this book is highly useful for the SCM professionals. This kind of book is in high demand not only in this country but also abroad.