Inventory management and control system using ABC and VED analysis

Inventory Management and Control System is a very essential component for a firm. Inventory is estimated as quite possibly the most imperative resources of an endeavor. The executives of Inventory should be proactive, accurate and effective. Inventory is significant for each business to ensure smooth running of the creation interaction. A study has been taken in a startup, SRI DEVI SNACKS to know about the inventory and the control system to be adopted. The inventory management was analyzed and the control system was executed through ABC Analysis, VED Analysis & EOQ.