Inventory and control are one of the most important necessary things that all business owners are interested in doing in general, and the inventory and inventory control process is one of the tedious tasks that take great time and effort on workers and employees, due to the absence of any manipulation in the inventory process, and the more the commercial activity is multi-branched, the greater the effort for inventory and inventory control. Some do not know the importance of inventory periodically and continuously in shops, restaurants, and various companies for some commercial activities, so we will explain to you in this paragraph “Why is inventory” and its importance for the employer
Inventory enables the project manager and the business owner to know the percentage of sales over a specified number of months
Inventory helps to count the damaged goods from the valid goods and exclude the damaged or those that are about to expire
The inventory process helps to write the annual report in an organized manner with correct results and figures
The inventory determines the places of shortage and the elements of need in the goods to benefit from them in the following months
inventory helps in classifying the best-selling items and merchandise among customers, as well as the lowest-selling goods in the markets
Continuous inventories help project managers make the right financial decisions about goods and sales
The inventory defines the work tasks of the production department as well as helps in producing offers and discounts on some products that are sufficiently available in stores instead of being damaged
Inventory helps to know the capabilities and experiences of the tasks of the work team in each branch separately based on the percentage of sales and production.