Inventory Management

Need of Inventory Management

 

Inventory is one of the most valuable assets of a company. Inventory management is a part of supply chain management, deals with the management of inventory and stock items.  Actually inventory management oversees the flow of goods from producers to warehouses and from there to retailers or point of sale. The need of inventory management is to save significant amounts of money and reduce waste, while maximizing the ability to provide customers with products in a timely manner.


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