In any business or organization, all functions area unit interlinked and connected to every alternative and area unit usually overlapping. Some key aspects like offer chain management, supplying and inventory kind the backbone of the business delivery operate. Thus these functions area unit very vital to promoting managers still as finance controllers. Inventory management is that the apply overseeing and dominant of the ordering, storage and use of parts that a corporation uses within the production of the things it sells. Inventory management is additionally the apply of overseeing and dominant of quantities of finished merchandise purchasable.