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  2. Inventory management software - Wikipedia

    en.wikipedia.org/wiki/Inventory_management_software

    An inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. [1] It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product overstock and outages.

  3. Inventory control - Wikipedia

    en.wikipedia.org/wiki/Inventory_control

    Inventory control is the process of managing stock once it arrives at a warehouse, store or other storage location. It is solely concerned with regulating what is already present, and involves planning for sales and stock-outs, optimizing inventory for maximum benefit and preventing the pile-up of dead stock.

  4. Automated storage and retrieval system - Wikipedia

    en.wikipedia.org/wiki/Automated_storage_and...

    Automated storage and retrieval systems (AS/RS) are typically used in applications where: There is a very high volume of loads being moved into and out of storage; Storage density is important because of space constraints; No value is added in this process (no processing, only storage and transport)

  5. Physical inventory - Wikipedia

    en.wikipedia.org/wiki/Physical_inventory

    Physical inventory is a process where a business physically counts its entire inventory. A physical inventory may be mandated by financial accounting rules or the tax regulations to place an accurate value on the inventory, or the business may need to count inventory so component parts or raw materials can be restocked. Businesses may use ...

  6. Warehouse management system - Wikipedia

    en.wikipedia.org/wiki/Warehouse_management_system

    According to a report by Grand View Research, “The global warehouse management system market size is expected to grow from US$2.8 billion in 2021 to $6.1 billion by 2026, at a compound annual growth rate of 16.7%.” [5] The authors of Warehouse Science note that “there are over 300 WMS vendors in the US alone.

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