Inventory management is the process of overseeing and controlling the movement and storage of goods, from the point of procurement to the point of sale. It is an important aspect of a business, as it helps to ensure that the
Inventory management techniques are the methods of tracking, controlling and storing of stock along with finished goods for sale. Mismanagement of inventory can lead to wastage of time and labor resources, increase in storage cost, crunch in working capital, supply-chain