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Inventory Control

Inventory control is the process businesses use to manage their stock of goods.

Business Glossary provided by
Inventory control involves regulating the inventory that is on hand, on order, and in transit to ensure an adequate supply without excessive oversupply. It can include activities such as stock monitoring, order tracking, and stock level optimization. Effective inventory control can minimize costs and maximize sales by ensuring products are available when needed without incurring the expense of holding excessive inventory.
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