Web Results



Inventory management is primarily about specifying the size and ... be defined as the left out stock of any item used in an organization.

Inventory Management Definition | Investopedia


Inventory management is the overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it ...

What is inventory management? - Definition from WhatIs.com


Inventory management is the supervision of non-capitalized assets (inventory) and stock items.

Inventory Management Definition & Example | Investing Answers


Because maximizing profits means minimizing inventory expenses, several inventory-control models, such as the ABC inventory classification method, the ...

Inventory Control | Definition of Inventory Control by Merriam-Webster

www.merriam-webster.com/dictionary/inventory control

coordination and supervision of the supply, storage, distribution, and recording of materials to maintain quantities adequate for current needs without excessive ...

Inventory Management - Definition, Types of Inventory and Need for ...


Aug 30, 2010 ... Every organization tries to maintain optimum inventory to be able to meet its requirements and avoid over or under inventory that can impact the ...

What is inventory control? - Questions & Answers - AccountingTools


Feb 8, 2011 ... Inventory control is the processes employed to maximize a company's use of inventory. The goal of inventory control is to generate the ...

Inventory Management

msu.edu/course/prr/473/oldstuff/Inventory Management.htm

Inventory Definitions. a.) Base stock - that portion of inventory that is replenished after it is sold to customers. b.) Safety stock ...

Inventory Control Systems - Encyclopedia - Business Terms | Inc.com


Computerized inventory control systems make it possible to integrate the various ... other businesses that continue to rely on manual means of inventory tracking.

Glossary of Inventory Management and Warehouse Operation Terms


Definitions of terms related to inventory management, manufacturing and warehousing.

Inventory Management
The overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it will sell as well as the overseeing and controlling of quantities of finished products for sale. A business's... More »
More Info

What is inventory management? definition and meaning ...


Definition of inventory management: Activities employed in maintaining the optimum number or amount of each inventory item. The objective of inventory ...

Definition of inventory management? - E-conomic


Definition: Inventory management refers mainly to when a firm strives to attain and uphold an optimal inventory of goods while also taking note of all orders, ...

What is Inventory Management? - BarcodesInc


Balancing the various tasks of inventory management means paying attention to three key aspects of any inventory. The first aspect has to do with time. In terms ...