Inventory Management – An Essential Tool For A Small Business
Importance of Inventory Management
While walking with a friend along a busy street, we decided to have a refreshing cup of tea. The area was such that we could locate only a way/street side tea stall. We stood there and ordered two cups of tea. The owner, who was at the gas stove nodded at us.
As we waited for the tea, which we needed very badly, we noticed that the owner was searching for something. We noticed that the tea powder jar was empty. He called a boy, his assistant, who would serve the tea, clean the glasses etc. and said “ are thodi chai patti lav” (Hey, get me some tea powder) The boy looked for it but found that even the bigger container was empty. The owner got up and from somewhere pulled a small tin box and said “ aare dekho isme maine chai patti rakhi hai’’ (Hey, look I have kept some tea powder here)