
Stock Review
A stock review in inventory management is the regular assessment of the items a business has available for sale. It helps ensure that the right amount of stock is on hand to meet customer demand without overstocking or running out of products. During this review, a company checks which items are selling well, which are not, and adjusts orders accordingly. This process can improve cash flow, reduce storage costs, and enhance customer satisfaction by ensuring popular items are always available. Essentially, it's about finding the right balance between supply and demand.