What is inventory? what is inventory control? what are its advantages?
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Inventory is a complete list of items such as property , goods in stock or the contents of a building.
Inventorycontrol is coordination and supervision of the supply, storage, distribution and recording of materials to maintain quantities adequate for current needs withoutexcessive oversupply or loss .
It's advantages
It maintains the right balance of stock in warehouses.
It is a deeper understanding of customer demand for products.
Inventorycontrol is coordination and supervision of the supply, storage, distribution and recording of materials to maintain quantities adequate for current needs withoutexcessive oversupply or loss .
It's advantages
It maintains the right balance of stock in warehouses.
It is a deeper understanding of customer demand for products.
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