What does "inventory management" mean?

The formal management of the timing and quantities of goods to be ordered and stocked by an organization in order that demand can always be satisfied without excess expenditure.

Inventory management

Q: What is a synonym for "inventory management"?

Common synonyms include: furniture store inventory, inventory accounting, inventory control, inventory control software, inventory management software, inventory valuation.

noun

noun ·Rare ·Advanced level

Definitions

Noun

1
The formal management of the timing and quantities of goods to be ordered and stocked by an organization in order that demand can always be satisfied without excess expenditure. uncountable

Synonyms

All synonyms

furniture store inventory inventory accounting inventory control inventory control software inventory management software inventory valuation

Antonyms

All antonyms

manual tracking mismanagement

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