oboloo Glossary

Inventory Issue

oboloo Glossary

Inventory Issue

Inventory Issue is an official business term and process used to describe when goods are removed from stock for sale or use. It is the extraction of goods from inventory that can be used directly in production, sold, or given away as promotional items. The term “Inventory Issue” emphasizes the importance of tracking and monitoring the movement of goods out of inventory and keeping accurate records of these transactions. By maintaining complete control over the item’s destination and utilize, businesses are able to keep their inventory running smoothly and efficiently, enabling them to better meet customer needs and stay competitive in the market.