These software applications help organization or small business analyze the data to produce the information they need.
Benefits of good practices inventory of management.
i. Only quantity in stock needed by customers is used. Therefore, extra storage cost is avoided.ii. Enable customers to make decision on purchasing matters - what, when, how much and the sources.
iii. Enable production activity planning with customer-friendly service and assist management to make fast right decision for the company
iv. Enable logistic optimization planning - able to control supply and demand, minimize the shrink and maximize customer services.

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