Difference between revisions of "Inventory Management"
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| − | ' | + | Inventory management refers to the process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as the warehousing and processing of such items. There are different types of inventory management, each with its pros and cons, depending on a company’s needs.<ref>[https://www.investopedia.com/terms/i/inventory-management.asp Inventory Management Defined, Plus Methods and Techniques]</ref> |
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| + | ==See Also== | ||
| + | *[[Business Operations]] | ||
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| + | ==References== | ||
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Revision as of 20:03, 16 December 2022
Inventory management refers to the process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as the warehousing and processing of such items. There are different types of inventory management, each with its pros and cons, depending on a company’s needs.[1]
See Also