Inventory and Inventory Management | Practical Law
A Practice Note discussing the role of inventory and inventory management in the supply chain. This Note addresses inventory in different contexts in the supply chain, such as manufacturing, warehousing, and distribution. It also covers the financial aspects of inventory, common inventory management activities, such as cycle counting and physical inventories, and the importance of inventory systems. This Note also provides important information about ownership of inventory and common legal issues and solutions related to inventory.