21UBU43AO04A

Bharathidasan University

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Summary - 21UBU43AO04A
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17

November 2024

2024/2025
in the efficiency.Resultantly, the capital invested by thecompany is utilized effectively. And so thereturn on investment is going to be higher.Moreover, when the turnover is high, thestorage and carrying cost of inventory islow.Primary Objectives▪Low cost of procurement and processing:When the firm handles and stores materials in anappropriate manner its real cost is reduced.Meaning that the cost of procurement andpossession of materials is low when the receivingand stores departments operate...
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