Inventory planning and control Interview Question:

Tell me what is inventory control?

Submitted by: Ali Hassan Siddiqui

Inventory control is the process of reducing inventory costs while remaining responsive to customer demands. By this definition a store would want to lower its acquisition, carrying ordering and stock-out costs to their lowest possible levels. However a store would need to have enough inventories to meet any needs of its customers.
Submitted by: Ali Hassan Siddiqui