Question

Define Inventory management? Explain concept and types of inventory management in detail.

Answer 1

Average Salary in Hotel Industry Jobwise.The table below gives average salaries of hotel staff at middle and senior levels. This figures are arrived at by calculating salaries of select hotels and categories in the 5star hotels and 4.star hotels across India. Wile making this pattern salaries of hotels in the A.class cities, Bclass cities and Tier 3 cities were taken.

Answer 2

Inventory management is the supervision of non-capitalized assets (inventory) and stock items. A component of supply chain management, inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.