An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Properly managing inventory requires a system of some sort. It doesn't matter if the system consists of writing inventory levels on the back of an envelope or using the most sophisticated radio ...

Inventory systems vary greatly in their individual design, feature set and operations, but they all share one common trait-to make the counting, tracking and recording of inventory movements easier.