vörubirgðum
Vörubirgðum, a term originating from Icelandic, translates to "goods inventory" or "stockpiles" in English. It refers to the quantity of goods or materials that a company or organization holds at a particular point in time. This encompasses raw materials, work-in-progress, and finished goods that are intended for sale or use in production.
Effective management of vörubirgðum is crucial for operational efficiency and financial health. Too much inventory can
Common inventory management techniques include Just-In-Time (JIT), which seeks to minimize inventory by receiving goods only