Answer to Question #317464 in Management for Aby

Question #317464

 List down briefly the various inventory management techniques prevalent in the industry. Discuss how some of these techniques would be applicable to an Automobile Service Shop in effective management of their inventories; i.e Spares, Consumables, etc (assume several inventories of your choice).


1
Expert's answer
2022-03-25T09:12:03-0400

i. ABC Analysis.

ii. Batch tracking.

iii. Bulk shipments.

iv. Consignments.

v. Cross-docking.


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