Keyword Analysis & Research: manufacturing inventory control

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Frequently Asked Questions

What are the objectives of inventory control?

Decision Objectives. The primary objective of inventory control is to reduce ordering costs to the lowest possible level, as well as to control the costs related to keeping inventory on the shelves.

What is the goal of inventory control?

The goal of inventory control is to generate the maximum profit from the least amount of inventory investment without intruding upon customer satisfaction levels. Given the impact on customers and profits, inventory control is one of the chief concerns of businesses that have large inventory investments, such as retailers and distributors.

What are inventory control techniques?

Techniques of Inventory Control. There are a number of different techniques employed by wholesale distributors to ensure their inventory control is maximizing efficiency and profitability.

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