Question

What is 'Selective Inventory Control?" Discuss the ABC technique analysis in this context.

12 Sep 2025
Answer :
Word Count : 470
Selective inventory control is a strategic approach in inventory management that prioritizes monitoring and controlling specific items within a company’s stock rather than applying the same level of control to all inventory. The rationale behind selective inventory control is that not all inventory items contribute equally to business costs, sales, or profitability. By focusing resources and attention on critical items, companies can reduce holding costs, minimize stockouts, and optimize overall supply chain efficiency. This approach is particularly relevant in international marketing logistics, where managing diverse products across global markets involves complex supply chains, variable demand patterns, and high transportation costs. In such a context, applying selective inventory control ensures that high-value or high-impact items are closely managed ____ _____ _____ ______ ___ _________ ____ __________ _________ __________.
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