Describe the concept and techniques of inventory control.

Inventory control is the process of managing the flow of goods and materials in a company, from the point of purchase or production to the point of sale. This includes activities such as determining the optimal level of inventory to keep on hand, monitoring stock levels, and reordering goods as needed. The goal of inventory control is to ensure that a company has the right amount of inventory at the right time, without having too much or too little on hand. This can help to improve efficiency, reduce costs, and increase customer satisfaction.

Inventory control is a critical aspect of supply chain management, as it helps companies to ensure that they have the right products available for sale when customers want them. The process ________ _________ ____ _________ _____ _______ _____ __________ _______.
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