1) Customer service and stock out provide protection against stock cuts due to demands availability in the market place to create conducive environment for both company and customer base satisfaction
2) Supplier’s consistency flow of materials site the operation- items needed for production, management/maintenance engaging and distribution should be in stock and ready for use.
3) Control of obsolesce of stock inventory control ensures that all stocks held by the organization arte used at a regular rate and therefore has not been superseded by new or recycled items.
4) Distribution stock can relate to both production and finished stock in the control and ensure that goods needed for operation are at the point of consumption.
Eng melau answered the question on February 28, 2018 at 18:58
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