WHAT IS INVENTORY MANAGEMENT? Inventory management is a process that emphasizes the structured idea of sourcing, storing as well as selling inventory which includes both raw materials and finished products.  Professionally, it means the management of the right stock of

What is inventory management? Inventory management is the act of keeping track of a company`s  stocked goods and monitoring their weight, dimensions, amounts, and locations. The entire focus of inventory management is to minimize the cost of holding inventory by