List down briefly the various inventory management techniques prevalent in the industry. Discuss how some of these techniques would be applicable to an Automobile Service Shop in effective management of their inventories; i.e Spares, Consumables, etc (assume several inventories of your choice).

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Answer Explanation Inventory management techniques are the part of the supply chain managementSCM which aims at the right moment to always get the right products in the right volume for sale By applyi... View the full answer