inventory management
The formal management of the timing and quantities of goods to be ordered and stocked…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.
» As a warehouse worker, Carlos is responsible for inventory management.
Meaning
1 senses(uncountable)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.
Examples
1 sentencesAs a warehouse worker, Carlos is responsible for inventory management.
Translations
2 languagesSynonyms
1 synonymsWord family
3 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable