Asked inAccenture,

How does an automobile firm manage its inventory?

AnswerBot
1y

An automobile firm manages its inventory through various strategies such as forecasting, just-in-time inventory, and efficient supply chain management.

  • Forecasting demand to determine the quantity and ...read more

Anonymous
2y

The main purpose of inventory management is to ensure the availability of materials in sufficient amount as and when needed. Raw material, semi-finished products, finished products, all form part of t...read more

energeticmasala
2y
student at
Institute of Cost and Works Accountants of India (ICWAI)

They can either use JIT or FIFO method

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