Ｃｏｎｔｒｏｌｌｉｎｇ Ｓｔｏｃｋ Ａｎｄ Ｏｔｈｅｒ Ｉｎｖｅｎｔｏｒｙ Ｉｓｓｕｅｓ

ＣＨＲＩＳ　ＤＥＶＯＮＳＨＩＲＥ－ＥＬＬＩＳ

Inventory control is one of the most important business processes during the operation of a trading or manufacturing company as it relates to purchases, sales and logistic activities. In order to have clear inventory management, a company should not only focus on logistic management but also on sales and purchase management.Commonly, we think of the warehouse as the most important component of inventory management and the accounting department is responsible for the inventory management.However, inventory control is not only the responsibility of the accounting department and the warehouse, but also the responsibility of the entire organization. Actually, there are many departments involved in the inventory control process, such as sales, purchasing,production, logistics and accounting. All these departments must work together in or-der to achieve effective inventory controls.