Below mentioned are the STRATEGIES that are followed by most of the stores manager to control inventory:

• Supplier ASSISTANCE - It is an effective way to manage inventory with the help of suppliers as they manage it and allows the vendor to ACCESS the distributor's inventory DATA. This helps them to generate purchase orders based on the distributor's needs.
• Inventory Control Personnel - Here a dedicated inventory control specialist is hired and it is considered as an effective way of controlling the inventories. Inventory specialists keeps the record of all merchandise items on hand and in transit.
• Lead TIME - The amount of time taken to reorder inventory is known as lead time. So, this is a useful way to manage inventory as it establishes lead time reports that helps in understanding, how long does it take to refill your inventory.
• Monitor Inventory Levels - An effective way to manage inventory is to find out how much inventory that particular business demands.
• Customer Delivery - An effective way to manage inventory is to measure inventory turnover and delivery turn around time. This involves keeping track of how often inventory sells and how long does it take to deliver to customers.
• Inventory Consultant - Many organizations hire inventory consultants outside the company to develop and manage internal inventory systems.

Below mentioned are the strategies that are followed by most of the stores manager to control inventory: