Stock management is the function of understanding the stock mix of a company and the different demands on that stock. The demands are influenced by both external and internal factors and are balanced by the creation of Purchase order requests to keep supplies at a reasonable or prescribed level.
Read more about Stock Management: Retail Supply Chain, Software Applications, Business Models, See Also
Famous quotes containing the words stock and/or management:
“I’d rather I were dead and gone,
And my body laid in grave,
Ere a rusty stock o coal-black smith
My maidenhead should have.”
—Unknown. The Twa Magicians (l. 17–20)
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)