A Study on Inventory Management and Control at Pixel Controls, Bengaluru.

Abstract

Inventory is the most important part of current assets used by most Indian companies. The company uses a variety of stocks such as unfinished products, ongoing work, finished goods and transportation. Most companies invest more in inventory than other inputs. Properly maintaining assets helps companies earn revenue and maintain liquidity and reserves. A study of subject inventory management will help to understand the inventory maintenance process at the Pixel Control Centre and will conduct a 6-week study to analyses inventory turnover and identify the problem. The motto of this study is to understand the technology and efficiency companies use to manage inventory. An analysis of the two-year financial statements can lead to conclusions as to whether the company's performance is increasing or decreasing. The study shows that their performance is fluctuating and they must take various approaches to maintain inventory.