Summary Good inventory control is all about knowing what you have, where it is, and when you need to replenish it. When stock is not managed properly, businesses can end up with too much inventory, frequent stockouts, unnecessary waste, or money tied up in products sitting on shelves. Techniques such as ABC analysis, reorder points, safety stock, FIFO,
Stock maintenance is a vital part of any business dealing with inventory. It ensures that stock levels are accurate and optimized through disciplined inventory maintenance. This leads to better supply chain efficiency and cost savings. Managing stock effectively can prevent overstocking and stockouts. Both scenarios can be costly and disruptive. By
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