Vol. 6, Issue 2 (2020)
A brief study on inventory management at Larsen & Toubro Komatsu limited
Author(s): Kiran Kumar K, Kumar KR
Abstract: In the area of supply chain management, Inventory management is very crucial and challenging problem. Inventory occupies a major amount of working capital in any company/organisation thus efficient management and control is required. Any small changes or minor errors may lead to the unnecessary problems like freezing up of funds in the inventory or scarcity of the stock or sudden rise in the inventory costs. Therefore it is required to manage the inventory by using scientific and systematic methods.