Question

Please provide an hypothetical discussion sheet between two individuals or a team of employees for each of the following:

1.Inventory Control and Management Systems

2.Disposition of Surplus Assets

Answer 1

Inventory management system can be defined as a system which organisation structure the warehouse. Buy successfully in knowing how much of the total goods are left in the warehouse can also be done with the help of the inventory management. Inventory management plays an important role in a warehouse and increases its overall efficiency as well as decrease is the overall retrieval time. Inventory management system also provides better management of the overall products as well as better space allocation by determining the best available please for the specific product into the warehouse.
This type of management system helps any organisation to increase its efficiency by reducing the retrieval time as well as to implement better Strategies for holding the inventory and reducing the holding cost.
Management systems is a broader aspect of different systems including inventory management system. And other management system which are involved in an organisation. It could involve different type of management system including human resource management systems which also includes information systems and could beneficial for the company for improving the overall efficiency of the organisation rather than just focusing at one specific location.

Disposition of surplus assets is an essential part of any organisation as it provides financial support to the organisation by reducing the number of waste materials which is not really important for the organisation. This type of disposition definitely helps an organisation to improve its overall current assets benefits and reduces unutilized inventory. Acquisition of surplus assets would definitely increase the overall effectiveness of different states which are involved in the organisation and reduce the chances of which did inventory as well as Assets of the organisations.