MANAGING INVENTORY WITH FSN FRAMEWORK I Breakfast With EAE II Bada Business Odisha

As a retailer, you might ponder which type of inventory you should maintain so that your: ► money rotates fast in the market ► minimum money is blocked in the market In this article, you will study which type of inventory you should maintain more and which type of inventory you should maintain less. FSN Framework To manage your inventory, you can use the FSN Framework. ► F - Fast Moving Goods – You should have these goods in Maximum quantity. ► S - Slow Moving Goods – You should have these goods in Medium quantity. ► N – Non-Moving Goods – You should have these goods in Nil or Minimum quantity. Now, the question arises: Why Should We Keep a Non-Moving Good? You have to keep non-moving goods because the customer of non-moving good may visit your st… Want to unlock full courses, Please call 7008837229