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This document summarizes an inventory management project conducted for Fenner India Ltd. The project aimed to minimize investment in inventories, avoid obsolescence, and calculate carrying costs. Data was collected for 86 raw materials over 12 months. Lead times were calculated and items were classified using ABC analysis, with A class items comprising 75% of total cost. Recommendations included adopting just-in-time practices for high-priority items and controlling internal factors contributing to overstoc

Author

Sj Satheesh Kumar

Language

EN