Inventory Turnover Ratio (ITR)

Inventory Turnover Ratio (ITR)   Excess Inventory Ratio (EIR) ITR is basic for to monitoring and controlling tool that help to inventory management for maintained & further actions. ITR –…

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Reorder level: Calculation | Affected factors

Reorder level: Calculation | Affected factors/ Reorder level Format for Consumable Goods/ Critical Spare parts What is reorder level? Reorder level or Reorder point is measurement of stock level, which suggests…

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