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Explain why an exhaustive inventory control is especially important in your company. The local demand is increasing, which the company needs to cater for, and

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Explain why an exhaustive inventory control is especially important in your company. The local demand is increasing, which the company needs to cater for, and it also needs to start exporting products through suppliers. This involves carefully planning production and strategies for managing the inventory. Considering this, the company requires a fully comprehensive inventory control. Customer and distribution perspectives should be taken into consideration for adequate product coordination. Gathered data and customer feedback assist the company in making informed decisions about its production. Therefore, the company may utilize existing data to strengthen their productivity alongside making better decisions for the future of the company. The delivery schedule is strict, and the company needs to deliver on the demands of the local market's distribution requirements therefore it is advisable for the company to immediately invest in a warehouse. A lot of pressure is placed on the company's inventory system since the company is blossoming in ceramic products and has added new trends to the industry, which customers have been receptive of, increasing their sales, and due to the company going to start exporting their products. For the company to have a competitive edge, inventory control is crucial. Inventory control allows the company to ease its liquidity situation, keep costs low, maximize profits, maintain minimum inventory levels and succeed in keeping delivering orders on time, increasing customer satisfaction. As the company's sales have increased and they need to cater for the exportation of their product, exhausting inventory control is imperative to meet customers" demands

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