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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | A Cross Country Research Review With Special Reference to Management of Inventories in Textile Industry |
| Authors Name: | Dr. Khurshid Ali Ganai , Numaira Showkat , Dr. S. M. Shafi |
| Unique Id: | IJSDR2005010 |
| Published In: | Volume 5 Issue 5, May-2020 |
| Abstract: | Inventory management aims at optimizing the size of inventory in a firm so that smooth performance of production and sales function may be possible at minimum cost. The Inventory is a major constituent and component of working capital in almost every business concern. The success and failure of any business firm depends upon its inventory management performance to a great extent. Mismanagement of inventories and absence of control systems have resulted in terrible performance for some of the industries in developing economies. There is an abundance of literature, methods, models and computer analysis which have evolved from time to time and are highly availed of in the realms of industrial settings with greater pay-off of quality, precision and non-blockade of working capital. The paper is aimed to study how inventories in textile sector are managed across the globe. An attempt has been made to summarize and present the theories, techniques and important concepts of inventory management especially in textile sector. Textile industries have been playing an important role for the socio-economic development of any country. This paper will attempt to unravel the research findings on management of Inventories in textile industry across the world. The inventory management as a subject becomes all the more important because of the fact that it is the largest employer with a workforce of more than 35 million. |
| Keywords: | Inventory management, Working capital management, Re-order level, Liberalization, Socio-economic development, Textile industry. |
| Cite Article: | "A Cross Country Research Review With Special Reference to Management of Inventories in Textile Industry", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.5, Issue 5, page no.44 - 50, May-2020, Available :http://www.ijsdr.org/papers/IJSDR2005010.pdf |
| Downloads: | 000337068 |
| Publication Details: | Published Paper ID: IJSDR2005010 Registration ID:191700 Published In: Volume 5 Issue 5, May-2020 DOI (Digital Object Identifier): Page No: 44 - 50 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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