Inventory Management and Stock Control

Inventory management and stock control are processes that ensure a business has the right amount of products available to meet customer demand. This involves tracking what is in stock, when to reorder, and how much to order. Effective inventory management helps prevent shortages, excess stock, and wasted resources. In the context of order fulfillment, it ensures that when a customer places an order, the necessary items are readily available for quick shipment, leading to timely delivery and customer satisfaction. Overall, it balances supply and demand to maintain smooth operations and optimal service.