What is inventory control? Why Industry keeps the inventory?

Inventory control refers to the process of managing and regulating the flow of goods or materials within a business to ensure optimal levels of stock are maintained. It involves monitoring inventory levels, tracking the movement of goods, and making informed decisions regarding ordering, storing, and utilizing inventory.

Industries keep inventory for several reasons:

1. Meeting Customer Demand: Inventory allows businesses to meet customer demands promptly. By _________ _______ _____ _______ _______ ____.
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