An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Microsoft Access is a database program that's widely used throughout the business world. Access can be effective as an inventory control system; companies can use the features and benefits of the ...

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 ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand. Dependent ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

NEW DELHI: The Indian Army has gone hi-tech in managing its sprawling stocks of ammunition, spares and logistics supplies, tying up with technology major Tata Infotech to create a computerized ...

Controlling company inventory is a lot like Goldilocks' assessment of the three Bears' porridge. If there's too much, profits will vanish. If there's too little, customers will vanish. The goal should ...