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What is meant by inventory management?

What is meant by inventory management?

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Question added by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products
Date Posted: 2017/07/30
Vidya Ortez
by Vidya Ortez , Digital Marketing Executive , ORTEZ INFOTECH PRIVATE LIMITED

Inventory management refers to the mechanism by which the resource of an organisation is purchased, processed and used. This covers the handling of raw materials , parts and finished goods, as well as the storing and distribution of those items. For more details visit: restaurant inventory management Dubai

Mohammed El Tahir Mohammed Yousif
by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products

Inventory management is the supervision of non-capitalized assets (inventory) and stock items. A component of supply chain management, inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.

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