An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Properly managing inventory requires a system of some sort. It doesn't matter if the system consists of writing inventory levels on the back of an envelope or using the most sophisticated radio ...

A company's inventory management policies determine how the company manages the movement of inventory under its control. Every company has a different philosophy on inventory management that guides ...

What is an inventory management system? An inventory management system tracks purchases, keeps count of goods and supplies in stock, and reorders supplies when levels get low. More sophisticated ...