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I echo with Mr. Mohammed Thiab and Mr. Arinjay that inventory control is a part of inventory management..
As a business owner, you require an inventory management system that insures the next order you place is the right quantity both for your customers and for your business.
Frankly, without an inventory management system you do not know whether or not the next order that your Buyer or even you place, will result in excess stock or a stock out.
An effective inventory management system:
So, what do Inventory Control Systems do?
They include Warehouse management systems to track the movement of inventory through the full warehouse cycle from:
Other key requirements include:
Inventory management will lead to low storage costs, ample usage of funds and timely delivery to customers. The various approaches to inventory management may depend on the requirements of the business.
Inventory management and inventory control are both important to control the stocks accuracy.
Inventory control is one of the aspects of Inventory Management alongwith Inventory receipts, replenishment & distribution & storage security & safety.
Inventory control is part of Inventory management, you have to cntrol your inventiry to manage it properly
I understand that Invemtory management focuses on having the right invetory on the right place on the right time. It has to do with assuring thr right balance between purchasing and selling the inventory.
While Inventory Control is focuses on the effeicient use of the inventory to reduce costs. Also it is responsible for controling the movement of the inventory (physically and systematically).
Therefore I believe they are both important for a company.
For sure both of them are very important to the organization
and i do beleive with both answers given by Mr.: Thiab & Mr.; Arinjay too as well