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2. Inventory management software - Wikipedia

   en.wikipedia.org/wiki/Inventory_management_software

   When a product is in a warehouse or store, it can be tracked via its barcode and/or other tracking criteria, such as serial number, lot number or revision number.Systems for Business, Encyclopedia of Business, 2nd ed. Nowadays, inventory management software often utilizes barcode, radio-frequency identification (RFID), and/or wireless tracking technology.

3. Inventory control - Wikipedia

   en.wikipedia.org/wiki/Inventory_control

   This management involves tracking field inventory throughout the supply chain, from sourcing to order fulfilment. It encompasses the entire process of procuring, storing, and profiting off merchandise or services. [2] Inventory control is the process of managing stock once it arrives at a warehouse, store or other storage location.

4. Order management system - Wikipedia

   en.wikipedia.org/wiki/Order_management_system

   An integrated order management system may encompass these modules: Product information (descriptions, attributes, locations, quantities) Inventory available to promise (ATP) and sourcing; Vendors, purchasing, and receiving; Marketing (catalogs, promotions, pricing) Customers and prospects; Order entry and customer service (including returns and ...

5. Stock keeping unit - Wikipedia

   en.wikipedia.org/wiki/Stock_keeping_unit

   In inventory management, a stock keeping unit (abbreviated as SKU, pronounced es-kay-YOO or SKEW [1]) is the unit of measure in which the stocks of a material are managed.It is a distinct type of item for sale, [2] purchase, or tracking in inventory, [3] such as a product or service, and all attributes associated with the item type that distinguish it from other item types (for a product ...

6. (Q,r) model - Wikipedia

   en.wikipedia.org/wiki/(Q,r)_model

   The (Q,r) model addresses the question of when and how much to order, aiming to minimize total inventory costs, which typically include ordering costs, holding costs, and shortage costs. It specifies that an order of size Q should be placed when the inventory level reaches a reorder point r. The (Q,r) model is widely applied in various ...

7. Inventory - Wikipedia

   en.wikipedia.org/wiki/Inventory

   Average Days to Sell Inventory = Number of Days a Year / Inventory Turnover Ratio = 365 days a year / Inventory Turnover Ratio. This ratio estimates how many times the inventory turns over a year. This number tells how much cash/goods are tied up waiting for the process and is a critical measure of process reliability and effectiveness.