How to describe inventory category management?

1. Determine the on-hand inventory
2. Calculate the average daily sales (unit sales in timeframe / # of days in timeframe)
3. Calculate the projected sales that may occur before next deliver (average daily sales X # of days before delivery)
4. Calculate the projected on-hand inventory to account for projected sales (on-hand inventory – projected sales)

Category management is by implementing the5 P's to remain visible and outstand on the shelves vs competition and influence the buyers decision-making

It is a process of maintaing heads of inventory in the software.In stores material wise category heads are designated to inventory parts to specify material specific storing environments.