Definition of Inventory control:
Alternative term for inventory management.
The fact or process of ensuring that appropriate amounts of stock are maintained by a business, so as to be able to meet customer demand without delay while keeping the costs associated with holding stock to a minimum.
How to use Inventory control in a sentence?
- The responsibilities of an Inventory Control Clerk will be to ensure product availability, order new product when needed and to prevent product overstock.
- We had really good inventory control and that was really cool to see because we struggled with it last year.
- You should always have good inventory control so that you know where everything is when you need it at that time.
- Manufacturers are using these bar codes for inventory control.
Meaning of Inventory control & Inventory control Definition