Stock control, also referred to as inventory control, is a vital process that tracks and manages the quantity of stock available at any given time. It encompasses all items involved in producing a product or delivering a service, spanning from raw materials to finished goods. This practice encompasses monitoring stock throughout the entire production cycle, including purchasing, delivery, usage, and reordering. Effective stock control enables you to maintain optimal stock levels in the appropriate locations, precisely when needed. It prevents unnecessary capital tie-up and safeguards production against potential disruptions in the supply chain.