A management system is configured to manage a stock of a consumable product and includes a setting unit configured to set a type of a notification used in stock management when an image processing apparatus is a management target, a determination unit configured to determine whether a type of an alarm corresponding to a notification related to the consumable product generated by the image processing apparatus serving as the management target, matches the set type of the notification used in the stock management, and a stock management unit configured to manage the stock of the consumable product in accordance with the alarm that has been determined to have the type matching the set type of the notification used in the stock management.