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Cycle inventory helps in ...?

  1. finding out the amount of stock required during a finite period in order to move the materials from one location to another
  2. taking care of uncertainty in demand and supply of products/components
  3. providing flexibility to each decision making unit to manage its operations independently
  4. taking advantage of economies of scale and reducing cost within the supply chain
  5. taking care of any special event that does not occur on a regular basis

Auditing Internal Audit Warehouse Management Inventory Analysis Inventory Management
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Question added by Prabin Rai , inventory officer , bijaya motor
Date Posted: 2017/05/20
Upvote (0) Views (7) Followers (3) Answers (3) Report Question
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Shaik Alavudeen Amanullah
by Shaik Alavudeen Amanullah , Business Development & Operation Executive , Saadi Saad Al Harbi & Partners Company

Option (A) 

In finding out the amount of stock required during a finite period in order to move the materials from one location to another

Patricia Mukiri
by Patricia Mukiri , Student , KCA university

Taking care of uncertainty in demand and supply of products/components

Alfayo Obam
by Alfayo Obam , Foreman , WILLIAMSON TEA (K) LTD

Cycle inventory helps in...

1) To help manage the optimum goods requirement at a particular time

2) It helps in managing operating costs

3) it helps to ensure that minimum and maximum invetory demand is met.

 

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