Inventory Control Manager Question:
Download Questions PDF

Tell us what is inventory control?

Answer:

Inventory control is the process of reducing inventory costs while remaining responsive to customer demands. By this definition a store would want to lower its acquisition, carrying ordering and stock-out costs to their lowest possible levels. However a store would need to have enough inventories to meet any needs of its customers.

Download Inventory Control Manager Interview Questions And Answers PDF

Previous QuestionNext Question
Explain me what is Inventory Control?Explain me what is total stocking cost?