Take Stock
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Take Stock

What Is Inventory Management?

A picture of a parts picker in a warehouse near pallet racking.
Photo by Petrebels on Unsplash

Inventory management, which also includes inventory control, deals with the hows and whys of supply and demand. It’s ensuring you have just enough stock to be able to provide for customers. The just enough part is key because overstock can (and often does) create cash flow issues: the more inventory you have, the more money is tied up in simply storing stuff on shelves.

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Aaron Pace

Aaron Pace

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Married to my best friend. Father to five exuberant children. Fledgling entrepreneur. Writer. Software developer. Inventory management expert.