A Case Study At AGI Glaspac, Hyderabad

Abstract

Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goals to have a purpose of resale (or repair).Inventory management is a discipline primarily about specifying the shape and placement of stocked goods. It is required at different locations within a facility or within many locations of a supply network to precede the regular and planned course of production and stock of materials. Inventory constitutes the most significant part of current assets of larger majority of Indian glass manufacturing industries. The main objectives to know the financial performance on inventory management. The study employed Economic Order Quantity (EOQ) model and chi-square method. Consequently, recommendations on the right quantity, quality and timing of material at the most favorable price conclude the research study.