What is inventory control in warehousing
Inventory control, also called stock control, is the process of managing a company’s inventory levels, be it in their own warehouse or spread over other locations. It comprises management of items from the time you have them in stock to their final destination (ideally to customers) or disposal (not ideal).
Advantages of inventory control
- Moving more product. When you use inventory control to optimize product levels, you can often sell more products…
- Saving warehousing costs…
- Limiting waste…
- Increasing internal communication…
- Boosting efficiency…
- Fulfilling expectations…
- Raising quality standards…
- Improving financial awareness.
