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Unleash Creativity, Enhance Visibility, Elevate Healthcare Marketing. (WHO Medical device technical series) 1. Inventory : A stock of materials kept for future sale or use. ABC analysis is an efficient method to categorize the inventories in the business industry, enabling them to effectively manage cost allocation, reduce holding costs, and better control the resources. Its minimalistic design and ready-to-use features enhance your presentation slides ten folds. Thus inventory control is the method of maintaining of stock at a level at which purchasing and stocking costs are at the lowest possible without interference with the supply. It is important for hospitals to maintain accurate inventory records in order to ensure that they have sufficient stock to meet patient needs, minimize waste, avoid expired or Jan 2, 2020 · Inventory Control. 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