While production and manufacturing organizations hold raw material inventories finished goods and spare parts inventories trading companies might hold only finished goods inventories.
Inventory planning systems.
All the organizations which are involved in the sale production and trade of goods hold inventory in one form or another.
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Inventory management is more than simply knowing what s left in the warehouse.
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Inventory planning system is the process of determining the optimal quantity of inventory along with the timing of the product delivery.
The best inventory management software for 2020.