inventory control
What inventory control means in Business A-Level, as defined for AQA.
Definition of inventory control
Check what you remember
Read the wording for your board, then hide it and explain inventory control in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Barcode and radio frequency stock systems giving live stock data that frees the capital tied up in inventory and cuts stockouts.
Topics that use inventory control
- Operational management (AQA A-Level)
Related terms
- application to a named business
- capacity and flexibility
- competitive rivalry
- conflicting functional objectives
- cost against conscience
- cost leadership
- demand volatility and seasonality
- differentiation
Using inventory control in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge