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A Study on Inventory Control System, Materials Management System of A Power Equipment Manufacturing Company


Affiliations
1 VIT Business School, VIT University, Vellore, Tamilnadu, India
     

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Finance may be defined as that administrative area or set of administrative functions in an organization which relate with the cash and credit so that the organization may have the means to carry out its objective as satisfactorily as possible. Financial Analysis of what has happened should be of great value in improving the standards, techniques and procedures of financial control involved in carrying out finance function. This study mainly focuses on the financial analysis of a public sector company. The analysis includes the inventory control system, materials management system and performance analysis of the firm. Based on the analysis we found out that the firm’s profitability is in the increasing trend and suggested the firm to take the necessary steps to improve its liquidity position. 

Keywords

Inventory Control System, Materials Management System, Performance Analysis, Liquidity Position.
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  • A Study on Inventory Control System, Materials Management System of A Power Equipment Manufacturing Company

Abstract Views: 247  |  PDF Views: 0

Authors

N. Sundaram
VIT Business School, VIT University, Vellore, Tamilnadu, India
R. G. Arthivarshini
VIT Business School, VIT University, Vellore, Tamilnadu, India

Abstract


Finance may be defined as that administrative area or set of administrative functions in an organization which relate with the cash and credit so that the organization may have the means to carry out its objective as satisfactorily as possible. Financial Analysis of what has happened should be of great value in improving the standards, techniques and procedures of financial control involved in carrying out finance function. This study mainly focuses on the financial analysis of a public sector company. The analysis includes the inventory control system, materials management system and performance analysis of the firm. Based on the analysis we found out that the firm’s profitability is in the increasing trend and suggested the firm to take the necessary steps to improve its liquidity position. 

Keywords


Inventory Control System, Materials Management System, Performance Analysis, Liquidity Position.