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inventory management
Economics

What is Inventory management?

BySukanta Maiti July 7, 2021July 8, 2021

Inventory Management can be defined as a systematic approach to ordering, storing and using a company’s inventory. In business terms, inventory management means the right stock, at the right levels, in the right place, at the right time, and at the right cost and price. What is inventory management? If you’re just starting out in a…

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About Author

Sukanta Maiti

I am a Mechanical Engineer by profession, Blogger, and Youtuber by passion. I have been in the engineering field since 2014. I am passionate about sharing all my knowledge about engineering, management, and economics to my readers.

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