Most business’s largest expense is inventory. Between raw materials, work-in-progress goods, finished goods, and the supplies to make the goods, a great deal of cash is tied up in inventory. Cash tied up in inventory means that it is unavailable for reinvestment.
Topics: control procedures, inventory control system, raw materials, work in progress goods, finished goods, oates and company, inventory, inventory control
Inventory management includes all activities of replenishment and forecasting used to ensure that a business has all the materials it needs to complete product orders and keep customers happy.
Topics: control procedures, materials requirement planning, order point system, oates and company, inventory, inventory control, john shepperson
If you consider your critical business applications a strategic initiative Oates & Company is here to help.
2309 W Cone Blvd, Greensboro, NC 27408
(336) 230-0200
john@oatesco.com
2013 Oates & Company. All Rights Reserved.
