
Inventory Mapping
Inventory mapping is the process of creating a detailed, organized overview of all the items a business has, including their locations, quantities, and statuses. It helps companies understand what assets they possess, where they are stored, and how they are used. By visually or systematically recording this information, inventory mapping improves accuracy, streamlines stock management, and aids in planning and decision-making. Essentially, it provides a clear picture of inventory across the organization, ensuring resources are effectively tracked and utilized.