Inventory Management

Inventory management is the practice of tracking what products you have, where they are, and when to restock them. It helps ensure you can meet demand without overbuying or running out at the wrong time.

Why it matters
Good inventory management keeps cash from being tied up unnecessarily and prevents missed sales. It supports smoother operations, better forecasting, and fewer fulfillment issues as a business grows.

What inventory management is not
Inventory management is not just counting products occasionally. Without systems and visibility, inventory decisions become reactive, leading to excess stock, shortages, or unnecessary stress.

Where this shows up

• Ecommerce and retail operations
• Fulfillment and shipping workflows
• Product-based businesses with physical goods
• Scaling and growth planning

Related terms

• Fulfillment (inventory determines what can be shipped)
• Ecommerce (where inventory levels affect availability and sales)
• Scaling (inventory systems must evolve as demand increases)