Inventory control

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Inventory management refers to the process of overseeing and controlling the flow of goods or products in a business. It involves managing the purchasing, storing, and distribution of goods to ensure that they are available when needed, while minimizing the costs associated with inventory. Effective inventory management can help businesses maintain optimal inventory levels, prevent stockouts and overstocks, and reduce inventory carrying costs.

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This PNG image was uploaded on October 1, 2017, 8:05 pm by user: HiramAplin and is about Angle, Business, Carton, Desk, Ecommerce. It has a resolution of 512x512 pixels.

In materials management, ABC analysis is an inventory categorization technique. ABC analysis divides an inventory into three categories—"A items" with very tight control and accurate records, "B items" with less tightly controlled and good records, and "C items" with the simplest controls possible and minimal records.

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Inventory management system tracks and manages your goods throughout the entire supply chain, from procurement to dispatching. Read in detail about inventory management challenges and how does ERP resolve these.

Inventory management simply refers to the process of tracking inventory from manufacturers to warehouses which includes ordering, storing, managing, and selling products.If you are looking for such services you can contact us or visit the website.