Tag: inventory management

SUPPLY CHAIN MANAGEMENT- Importance of information technology

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OPERATIONS MANAGEMENT IMPORTANCE OF INFORMATION TECHNOLOGY (IT) IN SUPPLY CHAIN MANAGEMENT: The combination…

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OPERATIONS MANAGEMENT Supply Chain Management is defined as the systematic, strategic coordination of…

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OPERATIONS MANAGEMENT MATERIAL RESOURCE PLANNING (MRP): MRP is a systematic planning and control…

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OPERATIONS MANAGEMENT PURCHASING PROCEDURE Purchasing is the first phase of materials management. Procurement is…

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OPERATIONS MANAGEMENT ECONOMIC ORDER QUANTITY MODEL The inventory problems in which demand is assume…

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OPERATIONS MANAGEMENT INTRODUCTION TO INVENTORY MANAGEMENT: Inventory is defined as a stock in hand…

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OPERATIONS MANAGEMENT FORECASTING It is the first major activity in the planning. It involves…

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OPERATIONS MANAGEMENT INTRODUCTION AND FUNCTIONS OF MATERIAL HANDLING Material handling is an activity that…