Talk About:  Métis

question 122

Essay

Talk about:  métis

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Definitions:

Safety Stock

An extra quantity of inventory kept on hand to prevent stockouts caused by unpredictable demand or supply delays.

Inventory Management

The supervision of non-capitalized assets and stock items, aiming to ensure that items are available when needed without overstocking.

Inventory Records

Documentation that keeps track of the quantities, locations, and statuses of products that a company has in stock.