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TeachMeFinance.com - explain inventory control inventory control 'inventory control' is an military term meaning '(DOD) That phase of military logistics that includes managing, cataloging, requirements determinations, procurement, distribution, overhaul, and disposal of materiel. Also called inventory management; materiel control; materiel management; supply management'. Previous 5 Terms: intratheater airlift- intratheater patient movement - intruder intrusion invasion currency_ Next 5 Terms: inventory control point- inventory management - inventory managers ionizing radiation ionosphere_ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.