Which process maintains and tracks inventory levels to prevent shortages?

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Multiple Choice

Which process maintains and tracks inventory levels to prevent shortages?

Maintaining and tracking stock levels to prevent shortages is stock control. This focuses on regularly checking how much stock you have, recording usage, and keeping quantities at appropriate levels by setting reorder points and safety stock. It ensures supplies are available when needed and helps avoid running out. Purchasing is about acquiring stock when a need is identified, but it doesn’t itself continuously monitor levels. Quality control checks products for quality, not stock levels. Inventory management is the broader system that includes planning and overseeing all stock-related activities, but the specific action described—keeping track of quantities and triggering replenishment to avoid shortages—fits stock control.

Maintaining and tracking stock levels to prevent shortages is stock control. This focuses on regularly checking how much stock you have, recording usage, and keeping quantities at appropriate levels by setting reorder points and safety stock. It ensures supplies are available when needed and helps avoid running out.

Purchasing is about acquiring stock when a need is identified, but it doesn’t itself continuously monitor levels. Quality control checks products for quality, not stock levels. Inventory management is the broader system that includes planning and overseeing all stock-related activities, but the specific action described—keeping track of quantities and triggering replenishment to avoid shortages—fits stock control.

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