Stock conversion in inventory means transforming raw materials into finished goods or converting one type of stock into another to meet business needs.It helps maintain accurate records, optimize resources, and ensure smooth supply chain operations.
Stock management is the process of tracking, controlling, and optimizing inventory to meet demand while minimizing costs. It ensures the right products are available at the right time without overstocking or shortages
A summary document showing current inventory levels, movements, and valuation. It helps track availability and performance of stock
The process of examining stock usage, trends, and turnover to optimize purchasing, storage, and sales decisions
Item-wise information including product name, code, quantity, price, supplier, and other specifics for accurate tracking.
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