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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013
Call For Paper - Volume 12 | Issue 5 | Month- May 2024
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Published Paper Details:
Paper Title
ABC ANALYSIS FOR INVENTORY CONTROL IN SPARE STORE DEPOT
Authors
DEVENDRA BARANGE
Keywords
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Abstract
The basic principle of inventory control is ABC based on cost criteria. The objectives of this study are to identify the categories of spare items requiring greater managerial control, because not all inventories need to be controlled with equal attention. Another most important objective is to ensure continuous availability of stores to user departments while keeping the stock levels at optimum level is one of the important objectives of Stores Department. The study was conducted at a single ward of store depot SECR Raipur. From 189 items of spare, 17 items (8.99%) consume 70.56% of annual value and clasified into class A, 40 items (21.16%) consume 19.35% of annual value classified into class B, and 132 items (69.85%) of annual value consume only 10.09% forming class C. The results showed that there was items of class Amay warrant more care than forecasting class B and class C.
IJCRT's Publication Details
Unique Identification Number - IJCRT0000020
Paper ID - 170026
Page Number(s) - 1-4
Pubished in - Volume 1 | Issue 3 | April 2013
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Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
Cite this article
DEVENDRA BARANGE, "ABC ANALYSIS FOR INVENTORY CONTROL IN SPARE STORE DEPOT", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.1, Issue 3, pp.1-4, April 2013, Available at :http://www.ijcrt.org/papers/IJCRT0000020.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
ISSN and 7.97 Impact Factor Details
ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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