What is the scope of inventory management?
Asked by mohit lovely
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1 Answer
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Hi Mohit,
Inventory Management is the process of efficiently overseeing the constant flow of units into and out of an existing inventory. It involves controlling the transfer in of units to prevent the inventory from becoming too high, or dwindling to levels that could jeopardize the operation of the company.
After pursuing a course in the field of Inventory management, one can look forward to career like inventory control manager in retail industry.
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Wish You Luck!
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