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Definition: Inventory Management is the planning, organizing and controlling of the ordering, storage and use of the components that a company will use in its manufacturing process and of the finished products for sale. |
More on inventory: ABC Analysis, Inventory, Materials Management, Vendor Managed Inventory. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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