What is the purpose of inventory management? a) To distribute materials to the company and avoid cost increases and losses. b) To control and mon...
What is the purpose of inventory management?
a) To distribute materials to the company and avoid cost increases and losses.
b) To control and monitor the inventory constantly.
c) To provide the necessary materials to the company at the right time.
d) All of the above.
a) To distribute materials to the company and avoid cost increases and losses.
b) To control and monitor the inventory constantly.
c) To provide the necessary materials to the company at the right time.
d) All of the above.
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Ed 
The purpose of inventory management is to provide the necessary materials to the company at the right time. This ensures that the company has the required inventory levels to meet customer demand while avoiding excess inventory or stockouts. So, the correct answer is option c) To provide the necessary materials to the company at the right time.
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