inventory control

Tracking warehouse quantities

Inventory control is the process of managing stock levels to ensure adequate supply without excess.

It encompasses tracking what's on hand, determining reorder points, and minimizing costs from overstocking or shortages.

The warehouse implemented better inventory control after running out of their bestselling product.

The term appears in business, retail, and manufacturing contexts.

Related

barcode · scanner · SKU · lot number · reorder · just in time · surplus · dead stock · shortage · ledger · pallets · bins · tracking · shipment · backorder · audit · storage · logistics

Categories
Opposites
management approach

inventory controlstockout

Inventory exhaustion event

disorganization · overstocking · understocking · shrinkage

supply chain function

inventory controlsales

Revenue from goods moved

purchasing · procurement · distribution · order fulfillment · disposal

resource flow direction

inventory controlbulk purchasing

Ordering in large quantities

clearance · selloff

Family

inventory, control, invent, inventories, inventoried, inventorying, inventor, invention, inventive

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Top 50,000
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Used worldwide · Timeless · Rated G