chapter  1
10 Pages

Chapter.1. Introduction

For many companies, inventory is an essential resource needed for day-today operations. Assembly and manufacturing companies need raw materials to process and combine with purchased items to assemble into finished goods. Distribution centers and retail stores need products to sell. Companies that are predominantly service operations need an assortment of office and other supplies. All operations need various types of maintenance, repair, and operating supplies-also known as MRO or indirect items.