What is inventory management?

Inventory management consists of tracking and controlling the movement of goods within a company: inflows (purchases, customer returns), outflows (sales, losses), and transfers between warehouses. Rigorous management avoids costly stockouts and overstocking.

Key Methods and Indicators

• Minimum stock level: Threshold triggering automatic replenishment.
• FIFO / FEFO: Methods for stock valuation and rotation.
• Cycle counting: Regular control without halting operations.
• Multi-warehouse management: Stock tracking across multiple locations.

Read our inventory management guide for SMEs and discover the inventory module of GestiumERP for real-time tracking.