Writing Sample

Sriharsha Kotamarthy

Inventory Control Methods

The ability to modularize creates many advantages to the virtual organizations. A modular organization can be explained as organization with strong internal coordination creates freedom to reach the goals that need to be carried out within more spaces between the resources. Modular organization structure contains a superior capacity to quickly link the resources and capabilities of many organizations together. This outlines a product development resource chains that can respond consistentlyi.e. broadly, quickly, and at low costto wavering market and technology opportunities by offering new and modified products w26x. From this approach it is clear that virtual organizations attempt to implement many principles of modular organizations. Above four advantages make the virtual organizational structure feasible, and powerful, choice to opt by many companies. It is also a proven fact that continues growth of information technology demands information sharing and necessary coordination. Though this business model majorly shows advantages, there are also some disadvantages that come up with the implementation of this structure. Moskowitz(19950 [11] says, Inventory control - in whatever sense it applies to your business - can be implemented manually, yet you can certainly do it quicker, more inexpensive, and better by automating some or all of the inventory control process. Moskowitz (19950 [11], realized that the following are the four vital aspects of inventory control: Counting and monitoring actual items in inventory. Recording and retrieving accurate locations of items in inventory. Frequent and precise changes recording to inventory, to accomplish the possibility of accurate inventory control. Wide estimation of inventory needs to re-order the items just in time and to plan for inventory handling requirements.

Transforming your manual process into automation inventory system, brings you potential for improving sales and profits through better analysis of inventory trends in addition to patterns of delivery and demand. This analysis evidently explains the utmost need of the automation system and here it is not only all about the computerization of existing but also the execution of appropriate software.