INVENTORY MANAGEMENT PRACTICES AT WHIRLPOOL, HYDERABAD-A STUDY

Inventory management plays a critical role in ensuring the smooth functioning of any organization by maintaining a balance between production and distribution.As inventory comprising raw materials, goods in process, and finished goods-represents a major portion of current assets, efficient management is essential to minimize costs and maximize profitability.Poor inventory control can lead to excessive investments and threaten long-term sustainability.This study begins with an overview of inventory management, followed by a profile of the company including its vision, mission, and achievements.It outlines the need for the study, presents a review of literature, defines objectives, and details the research methodology.The analysis, interpretation, key findings, and actionable suggestions are also discussed to provide a comprehensive understanding of inventory practices.