by
Menerva Melad , Account Executive, Key Accounts , Graphic Home Company
The primary function of inventory is to use marketing and production to increase profitability, to get the maximum amount for the business' investment. There are other functions of inventory, such as balancing supply and demand, improving efficiency, establishing a safety stock and geographical specialization. All of those help to increase a business' profitability.
The main role of inventory controller is as follows:1-The inventory controller will be responsible for all merchandise that enters and leaves our retail stores.2-The primary focus for the inventory controller is to support the in-store customer experience while protecting the financial and physical assets of Microsoft.3-This person is focused on all back-of-house operations, primarily focused on shipping/receiving and inventory control.
inventory controller is a very important roll.for check and balance,stock level,how much consumed and how much balance end of month.its help the for monthly closing,monthly report.we measure profit and loss.we can control the shortage of material.and axact value of store.
All Wire House Materials and all Stock statements ,Production Items, working Proses and M/c Loaded materials, this is all calculation for Monthly end Answer the amount of Inventory.
by
JERIN JOSEPH , EXECUTIVE-STORES , Nasser S. Al Hajri(NSH),Abu Dhabi, UAE
he should have all the updated datas of stock level including inward,outward and transmitting materials. Also he should maintain safe stock level, minimum order level, consumption rates and production volume so that he can perform well and predict things going to happen.