Inventory control
1) Management task of keeping check on inventory of goods to ensure none go missing and that stock levels are maintained so that supplies are available where and when required.
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Inventory control 1) Management task of keeping check on inventory of goods to ensure none go missing and that stock levels are maintained so that supplies are available where and when required. Selective inventory control 1) The application of varying levels of control to the total inventory to enable managers to concentrate on significant matters (see ABC analysis and ABC classification). (Source: ILTSupply-Chain Inventory Management SIG) |
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