INVENTORY CONTROL SYSTEM

Inventory Control system

Inventory Control System

With those kinds of numbers, having an effective, efficient inventory control system, or inventory management system, is imperative. Wal-Mart's system helps it maintain its signature "everyday low prices" by telling store managers which products are selling and which are taking up shelf and warehouse space.

Inventory management systems are the rule for such enterprises, but smaller businesses and vendors use them, too. The systems ensure customers always have enough of what they want and balance that goal against a retailer's financial need to maintain as little stock as possible. Mismanaged inventory means disappointed customers, too much ...