inventory management
[/ˈɪnvəntɔːri ˈmænɪdʒmənt/]
noun
gestão de inventário
1. The process of overseeing and controlling the storage, ordering, and use of inventory to optimize stock levels and reduce costs
Effective inventory management helps retailers minimize waste and improve profit margins.
A gestão de inventário eficaz ajuda varejistas a minimizar desperdícios e melhorar margens de lucro.
2. The practice of maintaining accurate records of goods and materials on hand to meet business demands
The company implemented new software for inventory management to track all products in real-time.
A empresa implementou novo software para gestão de inventário a fim de rastrear todos os produtos em tempo real.
3. Strategic planning of supply chain activities to balance availability with storage costs
Inventory management is crucial during peak shopping seasons.
A gestão de inventário é crucial durante as estações de pico de compras.
Inventory management is a critical business function in both the United States and Brazil. In Brazil, the term 'gestão de estoque' is often preferred in retail and commerce contexts, while 'gestão de inventário' is more common in formal business and manufacturing sectors. This reflects the importance of supply chain efficiency in both countries' economies.
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