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Unsourced material may be challenged and removed. Inventory control is an important aspect for the growth of company. Stores inventory is the heart of an industry Inventory control or stock control can be broadly defined as “the activity of checking a shop’s stock”.
In economics and operations management, the inventory control problem, which aims to reduce overhead cost without hurting sales. It answers the 3 basic questions of any supply chain: When? Inventory control is also about knowing where all stock is and ensuring everything is accounted for at any given time.