Open AccessA STUDY ABOUT FACTORS INFLUENCING THE DECISION-MAKING PROCESS ON MATERIALS MANAGEMENT AND INVENTORY CONTROL TECHNIQUES
Author(s) -
M. Ponnrajakumari,
M. Saravanan
Publication year - 2019
Publication title -
international journal of engineering applied science and technology
Language(s) - English
Resource type - Journals
ISSN - 2455-2143
DOI - 10.33564/ijeast.2019.v04i01.008
Subject(s) - process (computing) , control (management) , inventory management , process management , decision making , computer science , management science , operations management , operations research , business , process engineering , engineering , artificial intelligence , process integration , operating system
Material management is the process to provide right material at right place at right time in right quality. Company has problems in procurement and handling of raw materials and also finished products. Our analysis makes a contribution to the management of inventory in the company. It helps to improve inventories. The purpose of this study is to carry out research to analyse factors involved in inventory control decision process and its implementation for company’s growth. The research is to be carried out through secondary data available in the perspective of the topic. The research focused on the concepts of inventory control decision-making process, and detailed reports of different businesses implications of inventory control decision making process and its influence in company’s growth and survivals in competitive environment Keywords— Materials Management, Inventory, Decision