Inventory management system serves as a tool to automate the process of ordering and allows you to quickly analyze the status of inventory in terms of shortages and surplus inventory, provides analytical tools to work with the assortment and turnover.
Inventory control is the process of managing, monitoring and controlling work with the warehouse internally. So, manual or automated?
Under Vendor managed inventory system, supplier agrees to timely replenish inventory levels for the retailer, according to current demand trends.
Did you know that the global market for alcoholic beverages will grow by $1.7 trillion by 2021? Demand for alcohol is growing exponentially, driven by increased incomes and changing cultural practices.
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