WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Inventory Management

Inventory management refers to the process of organizing and controlling a company's inventory of goods. It involves efficiently storing, tracking, and replenishing stock to ensure optimal levels are maintained.

Usage:

1. Noun: Inventory management is essential for businesses to avoid stockouts and overstock situations.
2. Verb: The company hired a professional to inventory manage their warehouse.

Sample Sentences:

1. The efficient implementation of inventory management helped the company save costs and increase customer satisfaction.
2. Proper inventory management allows businesses to make informed purchasing decisions and reduce waste.
3. Effective inventory management ensures the smooth flow of goods from production to the end customer.

Related Products:

Find related products on Amazon:

• Inventory Management Software
• Inventory Management Books
• Inventory Management Tools