Redmondwllc5685 Redmondwllc5685

25-10-2022
Business

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michelle is a sales associate for a large sporting goods store. each time a cashier rings up a sale, the inventory levels for that item are reduced and the supplier receives a report when the inventory reaches less than 25%. this action coordinates the flow of inventory within this supply chain and is an example of .

Answer :

tutorconsortium127 tutorconsortium127

29-10-2022

This action, which exemplifies supply chain management, controls the movement of inventory within this supply chain.

What is inventory?

The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock.

Specifying the size, shape, and location of stocked commodities is the main focus of inventory management. Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit.

The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle.

The four most common forms of inventory are raw materials and components, work in progress, finished goods, and maintenance, repair, and operational supplies, however there are many more.

To learn more about inventory, refer to:

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