inventory process definition

inventory process

Any business process that involves goods going in or coming out of a firm's inventory. It generally includes receiving, temporary storage, labeling and storage, withdrawal, issue, and movement of the item through work-in-process routine. It also involves tracking the item's movement at various stages and maintaining records of those events and their effects.

inventory process is in the Inventory Control & Storage subject.

This content can be found on the following page:

http://www.businessdictionary.com/definition/inventory-process.html