Inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents.
Inventory Management helps you figure out exactly how much inventory you need. This makes it easier to prevent product shortages and keep just enough inventories on hand without having too much.
View detailsShould inventory reach a specific threshold, a company's inventory management system can be programmed to tell managers to reorder that product.
View detailsWhen a product is in a warehouse or store, it can be tracked via its barcode and/or other tracking criteria, such as serial number, lot number or revision number.
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