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Event Date |
Sun Dec 16 +04 - Thu Dec 20 +04 (almost 6 years ago)
In your timezone (EST): Sat Dec 15 11:00pm - Thu Dec 20 8:00am |
Location |
Hyatt Regency Dubai & Galleria
Al Khaleej Road,Deira Corniche - Dubai - United Arab Emirates |
Region | EMEA |
Inventory and Stock Control Management is critical in operations as inventory is a current asset to a firm. Carrying inventory comes with a certain degree of risk. This risk is a component of the cost of carrying inventory. When a company stocks items in the warehouse, there is always the risk that the items may fall in real value during the period they are stored. If a company stored parts for their work centers or equipment, the parts in the warehouse could be worth far less than the price that was originally paid and any losses, excess, obsolete and miss-managed inventory means a reduction in the company equity.