INVENTORY
Best Computer Course in Phagwara
Definition of Inventory and Examples The definition of inventory changes slightly depending on the industry. Here’s a small list of definitions:
If your are looking for best computer course in Phagwara so you are at right place. Most common definition Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory. The vehicle will be treated as an asset.
Objectives:
- Production Inventory
- Work-in-Process Inventory
- Finished Goods Inventory
- MRO Inventory
- Miscellaneous Inventory
- Anticipation Stocks
Note: An inventory manager oversees their employer’s products, supplies and materials. These items may be used within the business or sold or leased to its customers.
Why NCM Institute is Computer Course in Phagwara
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