The Picking stocking flowchart shows how the stock management covers every aspect of a business's inventory that deals with goods and the delivery of goods. As the flowchart diagram below illustrates, stock management is the practice of ordering, storing, tracking, and controlling inventory. Stock management applies to every item a business uses to produce its products or services – from raw materials to finished goods. The purpose of stock control is to reduce the costs of holding stock while ensuring you can meet customer demand and making sure that there is enough material for production. EdrawMax Online comes with free flowchart templates that are 100% customizable as per your requirements. You can use this free flowchart maker to create over 250 diagrams required for your business needs.