Tag Archives | Inventory Control

Quick Notes on Inventory Control | Cost Accounting

After reading this article you will learn about: 1. Meaning of Inventory Control 2. Classification of Inventory Control 3. Commonly used Inventory Control Items 4. Stock levels 5. Levels of Materials. Meaning of Inventory Control: Inventory control can be defined as the system used in a manufacturing concern to control the firms investment in Stock. […]

ABC Analysis of Inventory Control | Cost Accountancy

In this article we will discuss about the BC Analysis of Inventory Control:- 1. Meaning of ABC Analysis 2. Advantages of the ABC Analysis 3. Limitations. Meaning of ABC Analysis: In case of a big manufacturing unit which uses a large number of items for production purpose, it becomes difficult to comprehend such enormous number […]

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