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A STUDY ON OVERCOMING INVENTORY MANAGEMENT CHALLENGES

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Business Management

Pages- 57

File- Word File

Description

TABLE OF CONTENTS

ACKNOLEDGEMENT. 2

CHAPTER-1. 5

INTRODUCTION.. 6

STOCK ADMINISTRATION: 6

MEANING AND CHARACTER OF INVENTORY:-. 7

SUPPLY HAS THESE THINGS:-. 7

BENEFITS OF HOLDING INVENTORIES:-. 8

GOALS OF STOCK CONTROL. 9

HARDWARE AND TECHNIQUES OF STOCK MANAGEMENT. 10

CODIFICATION AND CLASSIFICATION OF INVENTORIES:-. 13

REQUIREMENTS FOR JUDGING THE SUPPLY SYSTEM:-. 14

DEVELOPMENT OF FUTURE RELATIONSHIP:-. 15

INVENTORY COST:-. 15

CHAPTER-2. 19

ORGANISATIONAL PROFILE. 19

ELECTRICITY GENERATION.. 20

INDICATION & CIRCULATION (T&D) 21

COMPANIES. 21

TRANSPORT. 22

GLOBAL PROCEDURES. 23

INNOVATION UPGRADATION, RESEARCH & DEVELOPMEMT. 23

ENGAGEMENT INSIDE THE “GLOBAL COMPACT” OF THEIR US. 25

COMPANY’S BUSINESSES MISSION AND GOALS. 27

COMPANIES GOALS. 27

CHAPTER-3. 29

STOCK MANAGEMENT IN BHEL. 30

INTRODUCTION: 30

Resources Management Period: 30

SHOP ORGANISATION.. 31

Codification and Standardisation:-. 32

SITES CATEGORISATION:-. 33

The general Organisational routine of stores is as under 34

STANDARDISATION, CATEGORY & CODIFICATION OF INVENTORIES:-. 36

MECHANICAL TRACKING:-. 37

  1. C. CO. LTD. , CODIFICATION:-. 38

VARIETY OF MAIN CLASSES FOLLOWED FOR SHOP CODIFICATION:-. 39

INVENTORY EVALUATION IN BHEL: 41

INTRODUCTION:-. 41

INVENTORY TRANSPORTING COST:-. 42

INVENTORY LEVELS:-. 42

INVENTORY CONTROLS:-. 44

REGULAR ASSESSMENT PROGRAM:-. 49

STOCK REGULATION ACTIONS & PROVISIONING:-. 49

INVENTORY CONTROLS & PROVISIONING OF FREE PARTS: -. 49

ERP SYSTEM (MATERIAL CONTROL COMPONENT) 50

COMPUTERISED SHOP ACCOUNTING:-. 52

CHAPTER-4. 53

CONCLUSIONS. 54

SUGGESTIONS. 54

BIBILOGRAPHY:-. 56

 

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