Inventory control is closely associated with the function of

Question

Quizplus · Accepted Answer

Inventory control is primarily concerned with managing the quantity, location, and timing of raw materials, components, and finished products. Purchasing is the process of acquiring these materials from suppliers and vendors, and as such is closely associated with inventory control. While dispensing, compounding, and maintenance may also be related to inventory control in certain contexts, purchasing is the most relevant and essential function.

Inventory Control Is Closely Associated with the Function of