Mastering Inventory Control

A system that manages and tracks a company's goods through the supply chain. (correct)

A system that lowers the cost of goods sold.

A system that increases sales by having the right stock on hand.

A system that automates the inventory management process.

To lower the cost of goods sold.

To increase sales by having the stock on hand to fill orders.

To ensure the right stock is available at the right time for customer demands. (correct)

To streamline and automate the inventory management process.

By streamlining and automating the inventory management process.

By increasing sales.

By integrating and managing purchasing, shipping, receiving, warehousing, and returns.

By lowering the cost of goods sold. (correct)

<p>Purchasing, shipping, receiving, warehousing, and returns.</p> Signup and view all the answers

<p>To have the right stock at the right time to fulfill customer demands.</p> Signup and view all the answers