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How to Limit Inventory Expenses

How to Limit Inventory Expenses Royal Little, in his heyday at Textron, used to tell people that managing inventory is working where the money is. This statement emphasizes the truth that inventory ties up much of the capital and is the origin of many of the costs of any manufacturing business. The cash needs of the company are highly dependent on how well inventory is managed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Business Strategy Emerald Publishing

How to Limit Inventory Expenses

Journal of Business Strategy , Volume 10 (1): 4 – Jan 1, 1989

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0275-6668
DOI
10.1108/eb039283
Publisher site
See Article on Publisher Site

Abstract

Royal Little, in his heyday at Textron, used to tell people that managing inventory is working where the money is. This statement emphasizes the truth that inventory ties up much of the capital and is the origin of many of the costs of any manufacturing business. The cash needs of the company are highly dependent on how well inventory is managed.

Journal

Journal of Business StrategyEmerald Publishing

Published: Jan 1, 1989

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