• PRAVEEN MV
• CHAITRA KV

A business inventory is one of its major assets and represents an investment that is joint together until the item is sold and also costs involved storing, tracking and insuring inventory. Mismanaged inventories create significant financial problems for business organizations which results in an excess inventory or material shortage. The inventory expressed in terms of number of days of sales at any point of the time determines the time taken to introduce a new product in the market. ABC concept of classifying goods in an inventory is very commonly used for exercising effective inventory control. Under this technique the items in inventory are classified into three categories viz. ‘A’ category items, ‘B’ category items and ‘C’ category items on the basis of their relative values.

ABC analysis; inventory; control; Pareto analysis

"A BRIEF STUDY ON ABC ANALYSIS OF NVENTORY MANAGEMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.645-650, June 2019, Available :http://www.jetir.org/papers/JETIR1907D90.pdf

"A BRIEF STUDY ON ABC ANALYSIS OF NVENTORY MANAGEMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp645-650, June 2019, Available at : http://www.jetir.org/papers/JETIR1907D90.pdf