What is stock control?

Stock control, also known as inventory control, is the process of managing and monitoring the levels of inventory within a business. This includes tracking the amount of stock on hand, ordering new stock when necessary, and ensuring that inventory levels are kept at optimal levels to meet customer demand while minimizing costs. Stock control involves various activities such as forecasting demand, setting reorder points, conducting regular stock counts, and implementing inventory management systems to track and manage inventory effectively. The goal of stock control is to ensure that a business has the right amount of stock on hand at all times to meet customer needs and maximize profitability.

Stock control is the process of managing the flow of goods through a warehouse or other storage facility. It involves tracking inventory levels, monitoring stock movements, and ensuring that goods are stored and retrieved efficiently. Stock control is essential for businesses to maintain optimal inventory levels, minimize losses due to theft or spoilage, and improve customer service.