Meaning of the word "inventory control" in English
What does "inventory control" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
inventory control
US /ˈɪnvənˌtɔːri kənˈtroʊl/
UK /ˈɪnvənˌtɔːri kənˈtroʊl/
Noun
1.
the process of managing and optimizing the stock of goods within a business to meet customer demand without excessive costs
Example:
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Effective inventory control is crucial for reducing waste and improving profitability.
•
The company implemented a new system for better inventory control.
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