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Stock Control Methods

oboloo Glossary

Stock Control Methods

Stock control methods refer to the systems and processes used by a business to monitor and manage their inventory. This can include everything from tracking stock levels, understanding lead times, assigning storage locations, and optimizing bin sizes. The goal of stock control is to minimize risk while maximizing profits – if done correctly, it can help reduce costs while keeping customers satisfied and boosting sales. By employing an effective stock control strategy, businesses can ensure they always have the right products in the right place at the right time – no matter how often their stock or customer base changes.

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