Discussion Post: Inventory Process
It is a terrific time to get started on our first discussion board! We will talk about the inventory control processes, inventory management system types, and warehousing structure. Inventory is an asset. It is a bloodline of the company. At the same time, inventory has a carrying cost and could expose a company to a significant risk. Independent of your view on inventory, we can agree that it requires control. Inventory control is achieved by introducing an inventory system, a set of policies and procedures to monitor inventory levels, improve accuracy and tracking, and establish the right inventory size for every operational unit.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.