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MGT 417 Logistical Inventory Control and Management

Logistics as per the course MGT 417 Logistical Inventory Control and Management is the practice of controlling things in a warehouse and in the concerned place and delivery systems. Stock or say inventory management maintains stock levels and manages stock location. It is a difficult part of how companies manipulate their logistics.

Following are four main types of inventory under course MGT 417 Logistical Inventory Control and Management:

  • Raw materials
  • Work in progress
  • Finished goods
  • Maintenance, Repair and operations

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