Journal Press India^®

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In any organization the inventory of materials plays vital role in working Capital Management. High small savings in the inventory will reflect a vital margin in profit of the organization. Inventory control means the availability of right material of right quantities coordinated with lead time. Each and every component of inventory is important and managing the inventories to keep in an optimum level is a must. Inventory is one of the key determinants of the productivity of fertilizer industry. Inventory management plays an important role in the fertilizer industry both in production of new assets and operational maintenance of existing assets. Therefore the continuous availability of inventory is a prime requirement for the uninterrupted working and better capacity utilization. This paper aims at examining the efficiency of inventory management in IFFCO. The study also highlights the relation between the size of inventory and sales and output.

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