Welcome to JJEM: A Multi-Disicplinary Journal of JNNCE, Shimoga |
Ashwini H. A., M. G. Krishnamurthy
Inventory management is the major function of manufacturing companies. If a company manages its inventory inefficiently, it cannot achieve its objectives. Inventory-related costs play a vital role in manufacturing process. Efficient inventory management also impacts firm’s profitability. Major decisions of manufacturing units are purely based on status of the inventory levels in the organization. Hence, an attempt is made, with the help of case study approach, to analyze the inventory management practices in Small and Medium Enterprises (SME’s) of Shimoga district and to examine their impact on cost and profitability of the firm.
SME’s, Inventory Management, Cost, Profitability.