What is an inventory control system?

Answer An inventory control system is a system that manages an organization's inventory. This includes physical inventory as well as inventory shipped, received, transferred, sold or destroyed. This syste... Read More »

Top Q&A For: What is an inventory control system

How to Proceed on the Inventory Control System?

Inventory control systems are the heart of operations for manufacturers and distributors. Accurate inventory records are essential to use of systems and software for planning, production management... Read More »

How to Create an Inventory Control System?

Inventory management is an important business function since inventory usually represents the second largest expenditure in a company outside of payroll. Business owners and managers typically crea... Read More »

How to Design an Inventory Control System?

Inventory management is a business function where owners and managers create policies and procedures to safeguard their assets. This control system is a mix of operational and accounting procedures... Read More »

Inventory Control System Instructions?

Inventory is most often the second largest expense for companies. Companies usually develop an inventory control system to properly manage the acquisition, warehousing and sales of inventory to ens... Read More »