process inventory

process inventory refers to the steps involved in managing and organizing inventory within a business. This includes tracking inventory levels, categorizing products, recording transactions, and ensuring that stock is available when needed. Inventory processes often involve stocktaking, restocking, and implementing systems such as barcode scanning or inventory management software to monitor stock levels. A well-managed inventory process helps businesses avoid stockouts, minimize excess stock, and ensure that products are available for timely fulfillment of customer orders.