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<a href="https://gwayerp.com/inventory-management">Stock management</a> is the process of supervising and regulating the ordering, storage, and usage of resources in a firm. It entails planning, arranging, managing, and monitoring stock levels to ensure that there is enough stock to fulfil consumer demand without exceeding storage capacity and that the stock is of sufficient quality and quantity. Stock management systems assist firms in tracking stock levels, costs, and other information to ensure that stock is accessible when needed and is not wasted.