Final answer:
The next step in the inventory management process following the gathering of information about inventories is ordering. This step is essential to ensure sufficient stock levels that align with demand forecasts and precedes receiving, storing, and selling.
Step-by-step explanation:
When managing inventory, after developing information about inventories, the next step in the inventory management process is typically ordering. This follows the logical progression of inventory management which begins with gathering data and forecasting demand to determine when and how much inventory needs to be ordered to meet customer needs while keeping costs at bay.
Once the order is placed, subsequent steps would include receiving, storing, and eventually selling the inventory.