Effective inventory management is all about knowing what stock is work in progress, what stock is in use, and how many finished product results you have available to sell.
Inventory management is the process of efficiently overseeing the constant flow of units into and out of production. This process usually involves controlling the transfer in of units in order to prevent the inventory from becoming too high, or dwindling to levels that could put the operation of the company into jeopardy. Inventory management is very important and requires constant and careful evaluation of external and internal factors and control through planning and review.
Let PRS Management CC accounting firm based in Roodepoort Gauteng assist you to successfully manage your very important inventory management process.