Glossary

Inventory Management

Tags: Glossary

Tracking and checking of inventory when it is stored, used, or sold.

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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.

What is Inventory Management?

Inventory management is the process of tracking, monitoring, and controlling the ordering, receiving, storing, and using of materials, goods, and products. It also includes the management of related resources such as raw materials, components, and supplies.  

 

Inventory management is an important part of overall supply chain management and helps companies ensure that their inventory is in the right place at the right time to meet customer demand. 

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