Wednesday, December 25, 2019

Article Review Inventory Control - 918 Words

Article Evaluation Essay Hongyi Li Here is an article evaluation essay based on the SCORE association’s inventory control hand out, the link is showing below: http://www.ct-clic.com/Newsletters/customer-files/inventory0602.pdf Inventory Control This article, â€Å"inventory control†, was written by SCORE association. According to the SBA (U.S. Small Business Administration) The SCORE association is a nonprofit organization; it is also known as the â€Å"Counselors to America’s Small Business†, which is a government agency specialized to help America’s small business to develop and growth. (N.A. para1.) Although this article does not include any information or qualification about the author; it does not show the date of publish; it does not mark as an academic article, but just a hand out information material. It still considered as a solid paper, which is objective and authoritative. This article introduced the importance of the inventory control, and how can inventory control helps the small business to make a real difference in their day to day operation. It analyzed different kinds of inventories and listed 3 different inventory systems. It does not just cover how the system work but it also i ntroduces the process for applying the inventory control. This article used scientific structure to adjust the inventory control as a business tool, it explains the knowledge in depth and it is a very authoritative article in this specific area. This article is mainly for the new smallShow MoreRelatedHoward Street Jewelers1634 Words   |  7 Pagesthe internal control concepts that the Levis overlooked or ignored. 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Planning and control correspond to each other in an important and dynamic way. Planning is looking ahead to see what actions must occur to realize specific goals. In addition to planning, control is looking backward to determine what happened and compare it with previous planned outcomes. Before a company set a budget, they must create a strategic planRead MoreControl Process in Management1361 Words   |  6 Pages †¢ Home †¢ About Site †¢ Preserve Your Article †¢ Content Quality Guidelines †¢ Disclaimer †¢ TOS †¢ Contact Us †¢ Skip to content 4 main steps in control process in management 4 main steps in control process in management are: Control as a management function involves the following steps: 1. Establishing standards: Standards are criteria against which results are measured. They are norms to achieve the goals. Standards are usually measured in terms of output. TheyRead MoreDells Strategies Essays790 Words   |  4 Pageskeeping the customer in focus. 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