A Study on Inventory Management of Servo Packaging Limited

Author(s)	SNEGASRI.S, Mr.T. Chandramohan
Country	India
Abstract	This study evaluates the inventory management practices at Servo Packaging Limited, focusing on optimizing stock levels and reducing costs. The research examines key techniques, including Economic Order Quantity (EOQ), ABC analysis, and stock level maintenance, using secondary data such as balance sheets and inventory reports. The findings show that Servo Packaging has effectively managed inventory to ensure smooth production while minimizing costs. However, improvements in supplier reliability and the implementation of Just-In-Time (JIT) inventory could further enhance efficiency. Overall, the company balances cost-efficiency with customer demand, though further optimization is possible.
Keywords	: Inventory Management, Servo Packaging Limited, Economic Order Quantity (EOQ), ABC Analysis, Stock Levels, Just-In-Time (JIT), Cost Optimization.
Field	Business Administration
Published In	Volume 6, Issue 6, November-December 2024
Published On	2024-12-31
DOI	https://doi.org/10.36948/ijfmr.2024.v06i06.34415

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