What is in-transit inventory and how it is calculated, how do you monitor in-tr

What is in-transit inventory and how it is calculated, how
do you monitor in-transit inventory levels?

Question Posted / chakravarthy

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What is in-transit inventory and how it is calculated, how do you monitor in-transit inventory leve..

Answer / Pushpanjali Rawat

In-transit inventory refers to goods that are en route from a supplier to the customer or between company locations. It is typically calculated by summing up the quantity of goods in transit for all orders. Monitoring in-transit inventory levels can be done through real-time tracking systems, regular communication with transportation providers, and periodic inventory checks.

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