Choose from the list below the best definition of Inventory management.
A) Inventory management is the process that coordinates the communication of inventory availability and needs across the purchasing, conversion and sales processes.
B) Inventory management oversees the lifecycle of a product from procuring raw materials through customer sales.
C) Inventory management receives the orders along with a supplier-generated packing slip, which shows quantities and descriptions.
D) Inventory management are products in the process of being manufactured.

Question

Quizplus · Accepted Answer

Inventory management involves coordinating inventory availability and needs across various processes like purchasing, conversion, and sales.

Choose from the List Below the Best Definition of Inventory