What is inventory

Question

What is inventory

Accepted Answer

Inventory refers to the stock of goods or materials that a company holds for production or sale.

Inventory includes raw materials, work-in-progress, and finished goods.
It is important to manage inventory levels to avoid stockouts or excess inventory.
Inventory can be tracked using various methods such as FIFO, LIFO, or weighted average.
Examples of industries that heavily rely on inventory management include retail, manufacturing, and logistics.

Accepted Answer

Inventory refers to the stock of goods or materials that a company holds for production or sale.
Daily stock update & were house manegement system...
5s,3s, & Ops follow very day and sefty first.

Inventory includes raw materials, work-in-progress, and finished goods.

It is important to manage inventory levels to avoid stockouts or excess inventory.

Inventory can be tracked using various methods such as FIFO, or weighted average.

Examples of industries that heavily rely on inventory management include retail, manufacturing, and logistics.

What is inventory

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