What's the definition of inventory

AnswerBot
1y

Inventory refers to the goods or materials a business holds for the purpose of resale or production.

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

  • It is an important aspect of ...read more

V.Srinivasan
3d
Inventory management involves balancing the costs of holding inventory with the benefits of having enough stock to meet demand.
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