MGT 417 Logistical Inventory Control and Management
Logistics as per the course MGT 417 Logistical Inventory Control and Management is the practice of controlling things in a warehouse and in the concerned place and delivery systems. Stock or say inventory management maintains stock levels and manages stock location. It is a difficult part of how companies manipulate their logistics.
Following are four main types of inventory under course MGT 417 Logistical Inventory Control and Management:
- Raw materials
- Work in progress
- Finished goods
- Maintenance, Repair and operations
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