TeachMeFinance.com - explain inventory control point
inventory control point 'inventory control point' is an military term. It means '(DOD) An organizational unit or activity within a Department of Defense supply system that is assigned the primary responsibility for the materiel management of a group of items either for a particular Service or for the Defense Department as a whole. Materiel inventory management includes cataloging direction, requirements computation, procurement direction, distribution management, disposal direction and, generally, rebuild direction. Also called ICP'.
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