Inventory is an idle stock of physical goods that contain economic value, and are held in various forms by an organization in the sector. This study will aid to know about the current inventory management trends. The effective inventory management provides the potential system nowadays to improve the performance by inventory management practices and competitive advantages in the competitive world. Stock organization over the stock system is a noteworthy test for improving coordination among the

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... regard chain in the affiliation. Controlling stock is the need of great importance as it defines the fate of the business in the terms of its prosperity and disappointment as rivalry is intense, growing day-by-day. Interest in the stock ingests a huge part of working capital of an organization and frequently it speaks to a substantial bit of aggregate resources of a business.