What is the purpose of an IT Inventory Management Software? How useful is this software for a manufacturing industry? What features must be included in inventory management software?
IT inventory management software is a system that helps to track inventory sales, orders and deliveries. Some manufacturing also use this software to create material bills, work order and other production documents. It helps to avoid manufactured goods overstock and outages. Some mandatory features an inventory management software must include are:
• Order Management
• Service Management
• Asset Tracking
• Identification of Product
• Inventory Optimization
