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posted on 17 Sep 2024
posted on 10 Dec 2024
Effective inventory management involves proper planning, organization, and monitoring of stock levels.
Utilize inventory management software to track stock levels and automate reordering processes.
Implement a just-in-time inventory system to minimize excess stock and reduce storage costs.
Regularly conduct inventory audits to identify discrepancies and prevent stockouts or overstocking.
Establish clear communication chann...
FIFO stands for First In, First Out and is a method used in inventory management to ensure that the oldest stock is used or sold first.
FIFO ensures that the oldest inventory items are used or sold first before newer items.
This method helps prevent spoilage or obsolescence of goods by ensuring that older items are used up first.
FIFO is commonly used in industries such as food, pharmaceuticals, and manufacturing.
Example:...
I applied via Naukri.com and was interviewed in Oct 2021. There was 1 interview round.
I expect a competitive salary based on my qualifications, experience, and the responsibilities of the Assistant Manager role.
I am looking for a salary that reflects my skills and experience in the industry.
I have researched the average salary range for Assistant Managers in this field.
I am open to negotiation and would like to discuss the compensation package in detail during the interview.
I am confident that my value ...
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