what is inventory. explain briefly about inventory
managment.



what is inventory. explain briefly about inventory managment...

Answer / Mahak Singh

Inventory refers to the stock of goods held by a business for sale, in production, or in storage. Inventory management is a process aimed at controlling and managing inventory levels effectively. It includes forecasting demand, ordering products, receiving and storing goods, and selling or using them. Effective inventory management can help businesses minimize holding costs and reduce the risk of stockouts.

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