Inventory management is the process of overseeing and controlling the ordering, storage, and use of materials and products for a business. It includes the tracking and analysis of stock data to ensure that inventory levels are appropriate for current needs. An inventory management company provides specialized services to organizations that need to maintain accurate and up-to-date inventory records. They work with businesses to design and implement trackable processes for timely restocking, minimize overstocking, and identify when materials or supplies should be purchased in bulk. With an experienced inventory management provider, you can streamline your procurement process and keep your operations running smoothly.