- nounsupervision of the supply and storage and accessibility of items in order to insure an adequate supply without excessive oversupply• Hypernyms: ↑internal control
* * *noun: coordination and supervision of the supply, storage, distribution, and recording of materials to maintain quantities adequate for current needs without excessive oversupply or loss
* * *inventory control or inventory management,the maintenance of inventories at a desired level; control of the level of normal or basic stock: »
His company's campaign to improve inventory control has enabled it to handle growing sales…without increasing its stocks (Wall Street Journal).
Useful english dictionary. 2012.
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Inventory control — can refer to several concepts:*In economics, the inventory control problem, which aims to reduce overhead without hurting sales. *In the field of loss prevention, systems designed to introduce technical barriers to shoplifting … Wikipedia
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inventory control — That phase of military logistics which includes managing, cataloging, requirements determinations, procurement, distribution, overhaul, and disposal of materiel. Also called inventory management; materiel control; materiel management; supply… … Military dictionary
inventory control — stock control A control system to ensure that adequate but not excessive levels of stocks are maintained by an organization, having regard to consumption levels, delivery lead times, reorder levels, and reorder quantities of each commodity … Accounting dictionary
inventory control — See stock control … Big dictionary of business and management
inventory control — / ɪnvənt(ə)ri kənˌtrəυl/ noun a system of checking that there is not too much stock in a warehouse, but just enough to meet requirements … Marketing dictionary in english
inventory control — / ɪnvənt(ə)ri kənˌtrəυl/ noun especially US a system of checking that there is not too much stock in a warehouse, but just enough to meet requirements … Dictionary of banking and finance
Inventory control system — An inventory control system is an integrated package of software and hardware used in warehouse operations, and elsewhere, to monitor the quantity, location and status of inventory as well as the related shipping, receiving, picking and putaway… … Wikipedia
Inventory control problem — The inventory control problem is a type of problem encountered within the field of optimal control. ConceptsOne issue is infrequent large orders vs. frequent small orders. Calculating shipping costs, volume discounts, storage costs, and capital… … Wikipedia