Variety Reduction


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•Many times purchases are made to meet urgent requirements and these materials become slow moving or even totally dead stock within a short period.
•Quite often, purchases are not linked with stock availability because of the fact that many items are not properly identified and included in the stores catalog.
•Variety reduction would require
-Periodic review of non-moving and slow moving items.
-Eliminating non-moving and obsolete items.
-Deliberate elimination of duplicate and unnecessary items held in the stock.

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