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Management Inventory Control

oboloo Glossary

Management Inventory Control

Management Inventory Control is an organizational management process that involves overseeing the stock of materials, goods and services at different sites, outlets or warehouses. This proactive approach helps businesses ensure that they always have enough supplies to meet customer demand, while minimizing their overall inventory from becoming too large, which can lead to inflated costs. By utilizing the principles of Management Inventory Control, organizations can optimize their supply chain, reduce logistics costs and increase profit margins.

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