Stock Control & Management

Stock control and management refer to the processes used by businesses to oversee and maintain their inventory of products. This includes tracking the amount of goods on hand, ensuring that stock levels meet customer demand without overstocking, and managing reorders. Effective stock management helps prevent shortages, reduces waste, and optimizes storage costs. It involves using techniques and tools, such as inventory software, to analyze sales trends and forecast future needs. By managing stock efficiently, businesses can enhance their operational efficiency, improve customer satisfaction, and maintain profitability.