An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

Christina Marie Termini is a cell biologist and assistant professor at the Fred Hutchinson Cancer Center and an affiliate faculty member at the University of Washington in Seattle. “Did the new ...