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Welcome to the new video of @10minforsupplychain Ever wondered how businesses keep the perfect balance between too much and too little stock? It’s all about effective inventory control! In this video, we’ll break down the top inventory control techniques used by companies around the world, including ABC analysis, FIFO, LIFO, VED, and more. Learn how these powerful strategies can help you avoid stockouts, minimize excess inventory, and streamline your entire supply chain process. Key Takeaways: 00:22 What is Inventory Control 00:51 Importance of Inventory Control 01:40 Inventory Control Techniques - ABC 02:36 VED 03:20 FIFO 03:48 LIFO 04:17 EOQ 04:45 JIT 05:09 HML 05:36 SDE 06:02 Perpetual Inventory System 06:22 Min-Max System Make sure to subscribe for more insights on logistics, operations, and much more. Your Enquires : What Are the Best Inventory Control Techniques for Small Businesses? How Do Inventory Control Methods Impact Supply Chain Efficiency? What Is the Most Effective Inventory Control System for Retailers? What Are Common Inventory Control Techniques Used in Manufacturing? How Can ABC Analysis Be Used in Inventory Control Methods? What Are the Benefits of Using Inventory Control Systems in E-commerce? What Are the Different Types of Inventory Control Methods and When to Use Them? How to Implement FIFO and LIFO Inventory Control Systems in a Warehouse? Which Inventory Control Techniques Improve Cash Flow in Businesses? #InventoryControl #SupplyChainManagement #FIFO #ABCAnalysis #Logistics #InventoryManagement -------------------------------------------------------------------------------------------------------------------------------- Also Watch: How To Resolve Inventory Issue : • Inventory Management Problem in Supply cha... -------------------------------------------------------------------------------------------------------------------------------- Top Playlists ✔️ Supply Chain Concepts : • Concepts ✔️ Supply Chain Case Study : • Case Study ✔️ Supply Chain Current Affairs : • Current Affairs --------------------------------------------------------------------------------------------------------------------------------- Stay updated with Supply Chain News,Trends and Concepts. So Please 💥Subscribe💥 the channel --------------------------------------------------------------------------------------------------------------------------------- ⚡ Join Us on ⚡ Facebook : / 10minforsupplychain Instagram : / 10minforsupplychain LinkedIn : / ten-min-for-supply-chain-084210217 Twitter : / minsupply Quora : https://www.quora.com/profile/Supply-... ---------------------------------------------------------------------------------------------------------------------------------- 🙋 For Business Queries and Direct Contact Email us on: [email protected] ---------------------------------------------------------------------------------------------------------------------------------- Copyright disclaimer under section 107, of the copyright act of 1976, allowance is made for “ Fair use “ For purposes such as criticism, comment, reporting, news, teaching, scholarship, education and research. Fair use is a use permitted by copyright statue that might otherwise be infringing.