STOCK CONTROL

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Definitions

1. the maintenance of enough stocks such as raw materials and finished goods, to support the current or expected level of business without losing money due to over or under stocking. Part of stock control is considering the money that can be saved by purchasing raw materials in bulk and weighing this against the current demand for finished goods, costs of storage space and the relative worth of having capital tied up in one's stocks.

2. control or dominating influence held by an individual, group or company having the majority of shares or stock in a particular enterprise.