Stock control, also known as inventory control, is the process of maintaining the appropriate quantity of stock, so a business can meet customer demand without delay while keeping the costs of holding stock to a minimum. Million Stock control integrates accounting with invoicing and POS system
The ultimate goal for any business is to sell their products and make a profit.
The purpose of stock control is to reduce the costs of holding stock, while ensuring you can meet customer demand and making sure that there’s enough material for production. An good inventory management system automates the inventory update, replenishment, sale orders, deliveries, and returns to provide an exact stock position.