External link to Chapter1 Inventory System of G-Erb Construction Supply

Chapter1 Inventory System of G-Erb Construction Supply

Chapter 1 1. Introduction In just half a century man’s way of life has drastically changed from black and white to vivid colors, for simplicity to complexity, and from laborious tasks to an easy click of the mouse. All these were brought about by the advent of modern technology, specifically with the invention and advancement of computers. High technology such as computers and other mediums […]

External link to Perpetual vs. periodic inventory system

Perpetual vs. periodic inventory system

The perpetual inventory system requires the maintenance of records called stock cards that usually offer a running summary of the inventory inflow and outflow. Inventory increases and decreases are reflected in the stock cards and the resulting balance represents the inventory. This inventory system is also commonly used where the inventory items treated individually represent a relatively large peso investment. This procedure is designed for […]

External link to McDonalds: Inventory Management Practice and its Advantages

McDonalds: Inventory Management Practice and its Advantages

McDonalds is one of the most popular fast food chains with a worldwide presence. It can be found in 119 countries and has about 31,000 restaurants. It employees about 1. 5 million people. It is one of the largest fast food chains, serving 47 million customers daily (2). Most restaurants offer both counter service and drive through service with indoor seating (and sometimes outdoor seating […]

External link to Computerized Inventory System

Computerized Inventory System

II. PROJECT DESCRIPTION­­­­ In this chapter, the students who are the developer of the system are going to tackle about the company’s main problem in its existing system and are also going to discuss the specific problem that causes the host company’s loss and incompetency to the market. The propose system that the students come up with will be discuss to maximize the competency of […]

External link to Logistic: Inventory and Total Logistics Cost

Logistic: Inventory and Total Logistics Cost

Supply chain is a network of logistic systems. Logistics concerns one company’s system. Supply chain includes different companies. E. G. Dell computer – the logistics is Just their company but the supply chain includes all the part suppliers. Their logistics system is a part of dells supply chain. It includes also the retailers and supplier. Other company’s logistics included in Dell’s supply chain. Logistics is […]

External link to Procurement and Inventory management at Nestle

Procurement and Inventory management at Nestle

The procurement life cycle followed by Nestle is broken up into several integrated components in the business and involves large number of intermediary processes like purchase requisition, purchase order, vendor involvement, goods receipt and inventory management and accounts payable. All this processes make together the life cycle of procurement process. Each time an inventory item is received or issued from the inventory at one of […]

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