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Inventory Control Method

oboloo Glossary

Inventory Control Method

Inventory control methods are processes used to ensure that businesses have the stock of goods they need when they need them. These methods provide a systematic approach to managing inventory levels in order to satisfy customer needs and maximize profits. A good inventory control method balances supply with demand, giving businesses the power to accurately estimate how much stock they require at any given time to avoid overstocking and stock-outs.

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