Inventory effect on Supply Chain in Grand Products Company Ltd

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Description

Details about this project report

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Total Pages = 62

Format – DOCX

Synopsis – Yes

Viva Example Question – NO

Suitable for Distance Learning management program.

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Synopsis for this Project Report

STATEMENT OF THE PROBLEM:

Inventory can range from raw materials, cash and finished goods. Effective inventory management will optimize the supply chain, eliminate cash flow and reduce the possibility of occurrence on inventory shortage caused by variable orders…contd.

WHY IS THE PARTICULAR TOPIC CHOSEN?

The purpose of this dissertation has been to develop a inventory model for supply chains. This model could provide guidelines for process-based manufacturing companies when comparing or choosing between different supply chains in order to make long-term investment decisions….contd.

WHAT CONTRIBUTION WOULD THE PROJECT MAKE AND TO WHOM?

An effective inventory strategy is the major key for company.  In general, it signifies a very important function in the business….contd.

OBJECTIVE AND SCOPE OF THE STUDY

Objective:

  • To understand the impact of inventory on supply chain.
  • To get the knowledge about how manufacturing firms deal with the inventory from cost effective view.
  • In a broader point of view, it is a cost reduction procedure that can have an impact on the economies of the company directly and on other departments indirectly.

Scope:

The work of this project began with defining the Inventory effect on supply chain. The aim of the pre-study was both theoretically and practically relevant because it involves a working procedure of how to be more cost effective within inventory management.

METHODOLOGY

 Data Collection

There are two main ways of gathering information i.e. primary and secondary data collection processes. Primary data is data, which has been collected, revised, processed and transformed into useful information by the researchers. Secondary data is data, which already exists in a more or less processed,…contd.

CHAPTER SCHEME

The chapter scheme for this project report is planned to as under:

Chapter 1   –      Introduction of the problem

Chapter 2   –      Theoretical Perspective

Chapter 3   –     Objective & Scope

Chapter 4   –      Methodology

Chapter 5   –     Data Collected

Chapter 6   –      Data Analysis

Chapter 7   –      Findings

Chapter 8   –      Recommendations

Chapter 9   –      Conclusion

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