The purpose of establishing inventory systems is different for domestic and international operations.

Question

Quizplus · Accepted Answer

The fundamental purpose of establishing inventory systems, whether for domestic or international operations, is to manage the company's stock levels efficiently, ensuring that there is enough product to meet demand without incurring unnecessary costs or overstock. The principles guiding inventory management apply globally, although specific strategies may vary based on local requirements, supply chain logistics, and market demands.

The Purpose of Establishing Inventory Systems Is Different for Domestic