Stock administration includes the control of advantages being created with the end goal of offer in the ordinary course of the organization's activities. Inventories incorporate crude materials stock, work in measure stock and completed products stock. The objective of successful stock administration is to limit the complete costs immediate and roundabout those are related with holding inventories. Be that as it may, the significance of stock administration to the organization relies on the degree of interest in the stock. Steel Industry in India is on a rise as a result of the solid worldwide and homegrown interest. India's quick financial development and taking off interest by areas like framework, land, and vehicles, at home and abroad, has put the Indian steel industry on the worldwide guide. As per the most recent report by the International Iron and Steel Institute (IISI), India is the 10th biggest steel maker on the planet.
Ritesh Sharma , Nishant Kumar Shukla "A Review on Inventory Management and Control in Iron and Steel Industry" Iconic Research And Engineering Journals Volume 4 Issue 4 2020 Page 24-26
Ritesh Sharma , Nishant Kumar Shukla "A Review on Inventory Management and Control in Iron and Steel Industry" Iconic Research And Engineering Journals, 4(4)