Title: Describe the importance of inventory control.
Course: Fashion Marketing (12153-I) > Section: Exploring the Buying Process

Description should include a definition of inventory control and its effect on business profitability, as well as the concept that inventory control is needed to

- increase profits
- control expenses
- increase sales
- monitor loss prevention.

Process/Skill Questions:

- What is inventory and how do businesses control it?
- How do various inventory-control systems affect customer service?
- What are some technological tools that fashion businesses use to track inventory?
- How are universal product codes (UPC) used in inventory control?
- What is the effect of inventory control on profitability and loss?
- What is the relationship between inventory control and customer satisfaction?