Small business inventory control is the practice of closely monitoring and managing a company’s inventory. It involves tracking stock levels, sales, procurement costs, and other data related to the product itself. It also includes forecasting demand, calculating reorder points, adjusting transportation mode and packaging, and evaluating suppliers. By utilizing effective inventory control methods, businesses can keep costs down while maintaining their competitive edge. With proper inventory control practices, businesses can maximize efficiency, reduce waste and errors, and gain an overall better understanding of their business operations.