Inventory Processes refer to the steps businesses take to keep track of their products, from the time they receive them to the time when they are sold or used. These processes involve tracking items in warehouses and stores, cataloging stock levels, keeping track of orders, and regularly performing physical counts. Effective inventory process management is crucial for all businesses, as it helps to reduce stock-outs, increase efficiency, and create accurate financial records. But, more than that, it’s about creating accurate visibility into your supply chain, so you can make smarter decisions. With the right inventory process in place, you can ensure that your business has the right merchandise available at the right times and prices – giving customers what they want while also helping to boost revenue.