The primary objectives of control over inventory are a.maintaining constant observation of the inventory and reporting inventory in the financial statements b.reporting inventory in the financial statements and taking a physical inventory c.safeguarding the inventory from damage and maintaining constant observation of the inventory d.safeguarding inventory from damage and reporting inventory in the financial statements
Inventory control system are technology solutions that integrate all aspect of an organization's inventory tasks, including shipping, purchasing, receiving, warehouse, tracking and reordering main inventory control system.
