Glossary

Glossary

Term Book Chapter Definition
Inventory Management CFA Level 1 Exam Chapter 5: Corporate Finance Involves managing the raw materials, work-in-process, and finished goods that a company has for its business operations. The goal is to maintain an optimal inventory level that minimizes the holding cost but is sufficient to meet the company's operational
Inventory Management Corporate Finance Chapter 7: Working Capital Management The process of managing inventory to directly impact both liquidity and profitability.
Inventory Management Marketing Chapter 7: Distribution Strategy Involves keeping track of the stock of goods. The main goal of inventory management is to minimize the cost of holding inventory while ensuring there is enough stock to meet consumer demand.