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THE TECHNO CLUB [ TECHNOWORLDINC.COM ] => Technical Terms => Topic started by: Tanya on April 30, 2007, 10:32:05 AM



Title: Inventory Management
Post by: Tanya on April 30, 2007, 10:32:05 AM
Inventory management software and services help you identify inventory requirements, set targets, and report actual and projected inventory status. Many companies suffer from poor inventory control which leads to inefficiency and wasted capital expenditures on products that sit on the shelf. With the right software and techniques, you can optimize your inventory levels, eliminate stock-outs, increase sales, and squeeze the most out of your supply chain.

Many software solutions provide a real time, interactive picture of how inventory flows through your organization. They can also work with your other financial and accounting systems to provide you with an integrated view of your business.

 
Related terms: inventory, stock, management