A Study On Inventory Management Of Ucal Polymer Industries Limited

Abstract

In The Contemporary Manufacturing Landscape, Efficient Inventory Management Is Crucial For Ensuring Uninterrupted Production, Cost Minimization, And Sustainable Profitability. This Study, Titled “A Study On Inventory Management Of UCAL Polymer Industries Ltd.”, Examines The Company’s Inventory Management System To Evaluate Its Effectiveness In Maintaining Operational Efficiency And Financial Stability. The Research Highlights The Significance Of Maintaining An Optimal Balance Between Inventory Investment And Production Requirements To Achieve Smooth Operations And Cost Efficiency. The Study Utilizes Both Primary And Secondary Data To Analyze The Firm’s Inventory Control Techniques, Including Economic Order Quantity (EOQ), Reorder Levels, And Material Handling Systems. Analytical Tools Such As The Inventory Turnover Ratio And ABC Analysis Were Employed To Assess Performance And Control Efficiency. The Findings Reveal That While UCAL Polymer Industries Maintains A Stable Supply Chain, Excess Inventory Levels And Delays In Material Movement Occasionally Hinder Cost Control. The Study Concludes That Adopting Scientific Inventory Management Techniques And Improving Coordination Between The Production And Procurement Departments Can Enhance Inventory Efficiency And Reduce Holding Costs

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