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    Dipto Kar
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    An inventory management system tracks product levels, orders, sales, and deliveries to maintain balance between having too much or too little inventory. It monitors inventory between locations, receives items into warehouses, and picks, packs, and ships items while keeping track of product sales and levels. The system provides cost savings, better warehouse organization, up-to-date data, and time savings but requires initial expense and ongoing complexity to operate.

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    INVENTORY MANAGEMENT SYSTEM

    Original Title

    INVENTORY MANAGEMENT SYSTEM

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    An inventory management system tracks product levels, orders, sales, and deliveries to maintain balance between having too much or too little inventory. It monitors inventory between locations, receives items into warehouses, and picks, packs, and ships items while keeping track of product sales and levels. The system provides cost savings, better warehouse organization, up-to-date data, and time savings but requires initial expense and ongoing complexity to operate.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    420 views5 pages

    Inventory Management System

    Uploaded by

    Dipto Kar
    An inventory management system tracks product levels, orders, sales, and deliveries to maintain balance between having too much or too little inventory. It monitors inventory between locations, receives items into warehouses, and picks, packs, and ships items while keeping track of product sales and levels. The system provides cost savings, better warehouse organization, up-to-date data, and time savings but requires initial expense and ongoing complexity to operate.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 5

    INVENTORY MANAGEMENT SYSTEM

    SECTION B, GROUP 22

    Introduction: Inventory Management

    What is it?
    It

    is a computer-based system for tracking product levels, orders, sales and deliveries a balance between too much and too

    Purpose?
    Maintaining

    little Tracking inventory between locations Receiving items into a warehouse or other location Picking, packing and shipping items from a warehouse Keeping track of product sales and inventory levels

    Components Of System

    Advantages Disadvantages

    Cost savings Warehouse organization Updated data Time savings

    Expense
    Complexity

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