Inventory Control and Optimization

Inventory control and optimization refer to the processes used to manage a company's stock of goods efficiently. It involves keeping the right amount of products on hand to meet customer demand while minimizing costs associated with overstocking or stockouts. Effective inventory control ensures that items are stored correctly, tracked accurately, and replenished in a timely manner. Optimization seeks to enhance these processes, balancing factors like supply, demand, and storage costs. The goal is to maximize sales and customer satisfaction while reducing waste and unnecessary expenses, ultimately leading to a more profitable and streamlined operation.