Tag: what is inventory management system

INVENTORY MANAGEMENT AND IT QUESTIONS AND ANSWERS

Answer : As we know that effective INVENTORY MANAGEMENT AND IT means consolidating, integrating, and analyzing data collected from retail stores, warehouses and central buying houses, thus the range of computer technology tools seems limitless. The managers and executives at Buy More can make use of intelligent agents or sometimes called an expert system that can take prompt actions when required without the interactions of human beings. They can have sales reports and inventory levels from each store at the head office as one transaction takes place. These systems can also help the managers determine the consumer needs and desires…

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