For a business, stock represents the goods bought, processed or sold at a given time. The stock usually represents all the goods that are involved in the business operating cycle or that can be sold “as is”.
Stock management is a fundamental concept within a company. Every business stores products before they put them on sale. As a result, stock management is at the center of the main concerns of business leaders, because a dormant stock immobilizes finances, but also because storage conditions can influence the quality of products (especially in the context of perishable foodstuffs). Therefore, any business enterprise has every interest in having a good stock management optimization logic.