Inventory control is an essential function of any organization that deals with the sales and purchase of goods. It helps in keeping a check on the stock levels and ensures adequate supplies are maintained. However, inventory control can be referred to in many other ways such as stock management, warehouse management, supply chain management, materials management, and stock control. These synonyms are often used interchangeably depending on the context or industry. They all focus on managing inventory levels and ensuring the smooth flow of goods to meet demand. Whatever the term is used, effective inventory management is critical for the success of any business.