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What Is an Online Inventory Management System and How Does It Work?
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What Is an Online Inventory Management System and How Does It Work?
An online inventory management system (IMS) is a cloud-based tool that helps businesses track and manage their inventory in real-time. It integrates various functions like sales, procurement, and logistics into one platform, which minimizes human error and improves efficiency. By receiving automated alerts for low stock and utilizing data-driven forecasting, you can optimize your inventory levels. Comprehending how these systems function can gre…
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