birgðastjórnar
Birgðastjórnar is an Icelandic term that translates to "inventory management" or "stock control" in English. It refers to the systematic process of overseeing and controlling the quantities of goods or materials held by a business or organization. The primary goal of birgðastjórnar is to ensure that the right amount of stock is available at the right time to meet demand while minimizing costs associated with holding excess inventory or facing stockouts.
Effective birgðastjórnar involves several key activities. These include forecasting demand, determining optimal reorder points, setting order
The benefits of good birgðastjórnar are significant. It can lead to reduced storage costs, improved cash flow