Inventory tracking systems have developed a lot over time. Many years ago inventory tracking systems consisted of manually writing down each inventory transaction on a file card known as a cardex.
What is an inventory management system? An inventory management system tracks purchases, keeps count of goods and supplies in stock, and reorders supplies when levels get low. More sophisticated ...
Inventory production management involves keeping track of products, suppliers, stock levels and purchase orders, reordering products, and managing information related to inventory and production.