Intro to Hospitality and Tourism
Inventory management refers to the systematic approach of overseeing and controlling the ordering, storage, and use of products and materials in a business. This involves tracking inventory levels, orders, sales, and deliveries to ensure that the right amount of stock is available at the right time, minimizing costs while meeting customer demands. Effective inventory management is crucial in food service operations, as it directly impacts menu planning, food cost control, and overall operational efficiency.
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