What is the primary function of 'pro chart' in inventory management?

The primary function of 'pro chart' in inventory management is to assist in ordering and stock management. This tool is designed specifically to keep track of inventory levels, predict future inventory requirements based on sales patterns, and manage the reordering process efficiently. By utilizing a pro chart, businesses can ensure that they maintain optimal inventory levels, which helps in reducing stockouts and overstock situations.

In the context of inventory management, effective stock management is vital for meeting customer demand while minimizing costs associated with excess inventory. This function allows managers to make informed decisions about when to order new stock and how much to order, directly impacting the overall efficiency and profitability of inventory management.