Inventory Management System(IMS)

IMS

Inventory Management System(IMS)

An Inventory Management System (IMS) is a set of processes and tools used to track and manage an organization’s inventory. The primary goal of an Inventory Management System (IMS) is to ensure that the right products are available in the right quantities, at the right locations, and at the right time. Efficient inventory management is crucial for minimizing costs, preventing stockouts, and optimizing the use of resources.

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