Is what we call the stock of goods that a business or store has on hand?

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Orlando Gomez

Business

9 March, 01:41

Is what we call the stock of goods that a business or store has on hand?

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Bruno · Answer 1

Is what we call the stock of goods that a business or store has on hand? Inventory. Inventory and inventory management is so important when it comes to running a business with goods for purchase. The business needs to make sure they have enough supply on hand for the amount of demand that consumers have for the product. Usually there is an inventory management team that keeps track of how the products are staying in stock and when reordering needs to happen.