inventory monitoring
nounUK /ˈɪnvəntri ˈmɒnɪtərɪŋ/
US /ˈɪnvəntɔːri ˈmɑːnɪtərɪŋ/
Watching your stock of things to know what you have and what you need.
The store uses inventory monitoring to make sure it never runs out of milk.
RELATED WORDS
OTHER MEANINGS
2. Software that automatically counts and records items in a store or warehouse.
The new inventory monitoring sends an alert when paper towels get low.
3. The ongoing checking of goods during shipping and storage to prevent loss.
Inventory monitoring caught a missing box before it left the loading dock.
4. A business practice of regularly reviewing what products are selling and what is sitting still.
Good inventory monitoring showed the shop which toys were not selling.