Inventory Control - What do you mean by inventory control?

Q: What do you mean by inventory control?

Inventory control is the process of managing stock once it arrives at a warehouse, store or other storage location. It involves planning for sales and stock-outs, optimizing inventory for maximum benefit and preventing the pile-up of dead stock.

Answer

Management of goods upon arrival to a storage facility, be it a warehouse, store, or any other type of facility, is known as inventory control. It entails anticipating stock-outs and sales, making the most of inventories, and avoiding dead stockpiling.

Inventory Control - What do you mean by inventory control?

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