Inventory Control in Supply Chains

Inventory control in supply chains refers to managing the stock of goods a company keeps to meet customer demand efficiently. It ensures that there is enough product on hand to avoid shortages while minimizing excess inventory that can lead to increased costs. Effective inventory control involves tracking stock levels, forecasting demand, and replenishing items at the right time. This helps optimize storage space, reduce waste, and improve cash flow, ultimately supporting a smooth operation from production to delivery and enhancing customer satisfaction by ensuring products are available when needed.