A PROJECT REPORT ON INVENTORY MANAGEMENT SYSTEM A STUDY OF PIDILITE INDUSTRIES UNDER THE GUIDANCE OF: Dr. Anil Sinha Dean ‚Prof. Corporate finance Session: PGDM 09 IILM‚ GREATER NOIDA ACKNOWLEDGEMENT We have prepared this study paper for the “Inventory Management System – A Study of Pidilite Industries”. We have derived the contents and approach of this study paper through discussions with company executives and internet as well as with the help of various Books‚ Magazines and Newspapers etc
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province of Negros Occidental. Inventory System Project in I.T. 5 Members: Alvin John M. Destua Gurly B. Jamero Jenjen P. Sobremesana Leah Mae R. Batillano Submitted To: Mr. Ricky M. Gustilo INTRODUCTION The Inventory Information System includes the records of all items and transactions. It involves all the related information of the certain items. This also records the transaction being held of the said company. The importance of Inventory Information System is to store
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development of high quality and competitive products made from highly effective natural ingredients. Sales and Inventory system is a systematic way of handling the flow of material which will be beneficial for industries. An inventory control system is a set of hardware and software based tools that automate the process of tracking inventory. The kinds of inventory tracked with an inventory control system can include almost any type of quantifiable good‚ including food‚ clothing‚ books‚ equipment‚
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cost of ordering tape is $1 per order and carrying costs are 40 cents per roll a year. Lead-time is three days. What is the EOQ? What ROP will provide a lead-time service level of 96%? What is the difference in expected number of units short per cycle with 96% and 98% lead-time service level? Per year? (Assuming demand is one roll at a time) Problem 2. Consider the following information on an inventory management system: $10 $250 33% of item cost 25‚750 515 per week 125 per week 6 weeks
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_ John Smith ACME Corporation 123 Corporate Lane Milford‚ CT 06461 March 2‚ 2007 Charles Jones CFO Fictiona‚ Inc. 456 Executive Drive Anywhere‚ CT 06777 Dear Charles Jones: As a long-time admirer of the outstanding work that your organization has done in the market‚ I particularly enjoyed having the opportunity to see how your company functions from the inside. As you indicated during our meeting‚ your organization has grown to a point where it needs to dramatically enhance its
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Chapter II This chapter is about the related literature of Web Based Inventory in any other Department of the Divine Word College of Laoag. This chapter of this research thesis illustrates literature reviewed before the analysis of the individual research questions outlined in "Chapter One". Since each research question itself presents explanation and exploration of an individual sub area concerning "Organization Development" and its association with IT sector. The main body presents the details
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Work-in-process 4 Finished goods 5 Maintenance inventory 7 Conclusion 8 Reference 9 Introduction Inventory is defined as a stock or store of goods .generally speaking‚ inventory can be divided by two types: independent demand and dependent demand‚ independent demand is kind of demand which is no need to rely others types of item they are ordered by the external customers or manufacturer for stock and sale. If one type of inventory depends upon another item‚ take the example of car.
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Cost Management A Case Study On Hawkins Cookers Limited Submitted to: Submitted By: Dr.N.K Gupta Satyabrat Kaushik Roll No. – 193 (Sec C) Table Of Contents * About the Company * Mission & Values * Product line * Costing Techniques * Cost Management System(Questionnaire) * Reporting and Evaluation (performance evaluation) * Transfer Pricing * Costing Techniques * Budgeting‚ budgetary control
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INVENTORY MANAGEMENT Meaning and Definition of Inventory: In dictionary meaning of inventory is a “detailed list of goods‚ furniture etc.” Many understand the word inventory‚ as a stock of goods‚ but the generally accepted meaning of the word ‘goods’ in the accounting language‚ is the stock of finished goods only. In a manufacturing organization‚ however‚ in addition to the stock of finished goods‚ there will be stock of partly finished goods‚ raw materials and stores. The Collective
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Chapter 1 INTRODUCTION a. Project Context Education is generally described as “the process of receiving or giving systematic instruction.” It is a basic human right because it is considered one of the fundamental guarantees that enable an individual to live his full potential as a human being. In line with this‚ the 1987 Philippine Constitution states that‚ “The State shall establish‚ maintain‚ and support a complete‚ adequate‚ and integrated system of education relevant to the
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