Production Inventory Control

Production Inventory Control is the process of managing and overseeing the levels of raw materials, work-in-progress, and finished goods within a manufacturing system. Its goal is to ensure that materials are available for production without overstocking, which can lead to excess costs and waste. This involves planning, monitoring, and adjusting inventory quantities to meet production schedules efficiently while minimizing storage costs. Effective control helps maintain a smooth flow of production, reduces delays, and ensures customer demand is satisfied timely. Overall, it's about balancing inventory levels to support manufacturing operations cost-effectively and responsively.