What is store management?
Career Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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Best Answer
2 years ago
Store Management is basically management of the Inventory. In any business enterprise there is a flow of materials. For example in a manufacturing company several raw materials are procured and the finished product is made using them in an integrated process. The process is continuos which means that the manufactuing operations are continued. For this a regluar inflow of materials is required and similarly the product made needs to be dispatched (through sales). Stock of these raw materials used in the process needs to be maintained. This is called Inventory. Similarly some stock of the finished good are also to be maintained to cater to a suddent requirement of any consumer / customer. Stores management manages all such inventory and commercial + technical aspects related to the storage.