International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 3 (May-June 2026) Submit your research before last 3 days of June to publish your research paper in the issue of May-June.
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Volume 8 Issue 3
May-June 2026

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A Study on Inventory Management in a Cattle Feed Industry

Author(s) Mr. Sreejith P S, Mr. Johan George Cherian
Country India
Abstract Inventory management is essential for efficient production and profit-making in the cattle feed business. The cattle feed industry relies on different inputs like corn, molasses, oil cake, minerals, and feed additives, whose planning and control are required for sustained production operations. Ineffective inventory
management will cause problems like wastage of materials, shortage of stock, too much inventory, as well as increased costs associated with storage and handling. Such challenges have adverse effects on production and profits as well as the overall viability of the business. Poor inventory management can cause inefficient resource use and delay in production activities. The proposed research project seeks to optimize inventory management in the cattle feed business by using ratio analysis and Economic Order Quantity (EOQ). Ratio analysis facilitates the assessment of inventory management and the identification
of problems related to this aspect. EOQ method facilitates the determination of the appropriate ordering quantity to minimize ordering and holding costs. The research study will identify efficient ordering approaches that would allow the firm to sustain supply of inputs without increasing inventory costs.
Keywords Cattle Feed Industry, Cost Optimization, Economic Order Quantity (EOQ), Inventory Control, Inventory Management
Field Engineering
Published In Volume 8, Issue 3, May-June 2026
Published On 2026-05-27
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E-ISSN 2582-2160
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