Inventory close inventoryThe materials held or used by a business to produce a product. is the materials held by a business in order to produce the product being sold to the customer. Inventory is ...

Operations managers may oversee inventory management processes, work-in-process levels, raw materials acquisition, quality control, materials handling, and maintenance policies. As part of their ...

Just in time (JIT) inventory control systems occur when a business holds no stock and instead relies upon deliveries of raw materials and components to arrive exactly when they are needed.