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I would kindly seek your help with the following question Inventory management is a system and practice for how companies control all of their goods

I would kindly seek your help with the following question

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Inventory management is a system and practice for how companies control all of their goods and products, covering both raw materials and nished products. Furthermore, inventory management covers the entire process, including how company's' source, receive and store these goods, as well as the way products move when they sell them. Therefore, it is considered one of the most important aspects of any business. Required: a. Discuss three main reasons (motives) for holding inventories. b. Clearly list and briey explain at least 4 reasons why Organizations seek to minimize the amount of inventories held

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