Agere Kibret Tsegaye

Inventory Control System and Storage Area: Inventory Control and Storage Area in Ambo Mineral Water Factory, Ethiopia Agere Kibret Tsegaye

As inventories are elements of the assets in the factory, which accounts larger portion of the total investment, it requires sound inventory control system in order to make considerable cost saving and providing operational flexibilities to the factory. Storage is also one among the main factors affecting the success of an organization. It shows the degree to which operating units will be supplied satisfactorily. The larger the storage area, the more efficient space and equipment can be used, the narrow the storage area the larger the spoilage and deterioration of the materials and equipment.