Directors cannot avoid inventory management since it shapes the basis of their in general performance through disposal of uncertainties in their management

Directors cannot avoid inventory management since it shapes the basis of their in general performance through disposal of uncertainties in their management. For the boards and management of Aref Contractor to find out that they are performing over standards, inventory management metric measures should be over board so that they may keep up the management’s certainty (Shapiro, 2009). Subsequently, Just-in-time concept has been found to have a few outlandish hidden cost that increment the cost of doing business in a few cases such as little suppliers to expansive companies within the mechanized and aviation businesses. Inventory management on the other hand faces various boundaries when it comes to holding costs, deficiency costs and demand disseminations for items beneath the point by point stock keeping unit (SKU) level (Watchman and Montgomery, 1991).