Inventory Management | Inventory Accounting | Types of stock | Great Learning

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Storage has always been an issue that has haunted us more profoundly than expected. This is primarily because we often lose sight of, or turn a blind eye to, certain fundamental factors like the amount of space available for storage, organizing the stored items neatly, and ensuring that the said items are kept from all kinds of damage in a spick and span storage space. In addition, we need to keep a track of the kinds of items that are being stored; their respective quantities; and what all items presently remain with us in what quantities to ensure efficacious management of any inventory. In this session, we will be taking up all these concerns and chalk out ways to manage your inventory. So tune in at 7 PM IST for this video only for a Great Learning Experience.

00:00:00 Introduction to Inventory Management
00:07:29 What is Inventory Management
00:19:56 Objectives of Inventory Management
00:28:34 Types of stock
00:35:18 Methods of Inventory Management
00:42:01 Just In Time
00:49:20 Economic Order Quantity
00:54:05 Inventory Accounting
00:56:13 First In First Out
01:00:14 Last In First Out
01:05:04 Categories of Inventory
01:10:39 Summary

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