WordNet
n. supervision of the supply and storage and accessibility of items in order to insure an adequate supply without excessive oversupply
Wikipedia
Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock". More specifically inventory control may refer to:
- In operations management, logistics and supply chain management, the technological system and the programmed software necessary for managing inventory
- In economics and operations management, the inventory control problem, which aims to reduce overhead cost without hurting sales. It answers the 3 basic questions of any supply chain: When? Where? How much?
- In the field of loss prevention, systems designed to introduce technical barriers to shoplifting
Usage examples of "inventory control".
It came from General Accounting Inventory Control, part of a long computer-generated list including a variety of lab stores.
Alas, the quaddies were all too conscientious in their inventory control.
Esmay said, dragging her mind back from Meharry's disappearance and the mysteries of Fleet inventory control to the immediate tactical problem.
And I understand you need someone with expertise in inventory control?
I expect to be here most of the time, but I may have to goose inventory control if you people are in as bad shape as you said.