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Material Control- techniques

hey friends, we know from earlier research that material control is the major component of cost. so, let us have a look at few tenchniques relating to material control

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labor materials overheads Increase in profits by 30% Monika kansal
Techniques of material control
Learning Objectives  ,[object Object],[object Object],[object Object],[object Object],[object Object]
What are inventories? ,[object Object],[object Object],[object Object],[object Object]
Why inventories No production is possible without the inventories. Companies have to make the buffer stocks for production.
Inventory speaks of stocks means investment, expenses, material losses.

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Material Control- techniques