Inventory Control Procedures are the methods and processes that businesses use to efficiently track and manage their stock levels. They provide an effective way to monitor the movement of goods in and out of warehouses and stores, helping to ensure that inventory is used correctly and the right amount of product is available. Through these procedures, businesses can reduce the cost of keeping too much stock on-hand while also minimizing the risk of running out of items that customers need. It’s an essential part of any successful business’ operations.