Stock Rotation: LIFO Vs FIFO – Stock rotation method

Stock rotation is process of outputs & inputs of stock from inventory to move in sequence by systematic method.  Normally it may contain either FIFO ( first in first out)…

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Material stock management & documentation

Material stock management & documentation   Material stock management & documentation maintained & update to managing various materials management and accounting stock records.   Material stock management & documentation is…

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Material management observation process

Material management observation process Material management observation process is established for conducting material management system to identify and compare system requirements and sustain standard system.   Material management observation process…

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