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What is Impact of Inventory Management on Profitability about?

This study analyzes the impact of inventory management on the financial performance of Serendipalm Company Limited, revealing a decreasing inventory turnover ratio and an inverse relationship between gross profit and inventory levels. Key challenges include inadequate storage facilities and the inefficiency of the FIFO method, leading to material deterioration. Recommendations include improving inventory practices, adopting a Just-In-Time system, and expanding storage to enhance profitability and financial

Author

kinghappy368

Language

EN