The below mentioned article will help you to prepare a project report on Inventory Control and Management. Inventory: Inventory is a detailed list of those movable items which are necessary to manufacture a product and to maintain the equipment and machinery in good working order. The quantity and the value of every item is also mentioned in the list. Inventory [...]
Steps involved in one Complete purchasing cycle are:- 1. Recognition of Need, Receipt and Analysis of Purchase Requisition. 2. Selection of Possible Potential Sources of Supply. 3. Making Request for Quotation. 4. Receipt and Analysis of Quotations. 5. Selection of Right Source of Supply. 6. Issuing the Purchase Order. 7. Follow-Up and Expediting the Order and Others. Step # 1. [...]
After reading this article you will learn about:- 1. Selection of Material Handling Equipment 2. Maintenance of Material Handling Equipments 3. Characteristics 4. Classification. Selection of Material Handling Equipment: A wide variety of material handling equipment is in the market; some equipment are for general purpose use and others are of special purpose use. The choice of a particular equipment [...]