Test Your Knowledge On Inventory Management?

Appended below is a small checklist to assess the quality of your stock management.

The questions are outlined in different perspective/areas.

If you score yourself somewhere close to 100%,then rate yourself A+ class on managing your inventory.

Knowledge,Systems &Policy/Procedures:

Do you know the stock turn for all major items of inventory.? Have [...]

How To Use Days Inventory Outstanding (DIO) for Better Stock Management

GO TO MAIN PAGE FOR ALL TOPICS COVERED UNDER CASH CONVERSION CYCLE/CASH OPERATING CYCLE

In my earlier article on working capital management,we noted that days inventory outstanding forms one part of the component of the cash conversion cycle.

This article attempts to explore the further detailed use of DIO in stock management:

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