What is inventory management

  • by Alexis Smith
  • 9 Months ago
  • Comments Off

Inventory refers to the stock and inventory management refers to the management of stock items. Inventory management is a part of supply chain management and it supervises the flow of goods from the manufacturing units to the warehouses and from there to the point of sales. Efficient management of the inventory results in lesser normal losses or goods-lost and this can be a very factor in keeping the costs down.

When you are looking for an efficient company that provides inventory management services, ensure that it has thorough experience and it is reputed. Trust SDR Logistics for any type of logistics and supply management services in Singapore.

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