inventory management

Noun

Meaning

inventory management (uncountable)

(operations) The formal management of the timing and quantities of goods to be ordered and stocked by an organization in order that demand can always be satisfied without excess expenditure

Source: en.wiktionary.org

Synonyms

stock control

Related terms

inventoryless

Examples

In his day job, Arun Kankani is the Director of Inventory Management at Star Pipe Products in Houston, TX. Source: Internet

This company recently deployed a Management Information System (MIS) that provides E-procurement system and Inventory Management. Source: Internet

Close letter words and terms

inventory control inventory financing inventory item inventory taking inventory tetris inventory time