role of technology in inventory management Archives

How inventory optimization can be done with IT/ Role of Technology in Inventory Management Inventory has always been a cause for concern for most of the business. Whether you should always be prepared with stocks in your inventory but face the risk of stock deterioration or you just have enough stocks in your inventory to fulfill your orders(also called just-in-time delivery) but face the risk of total debacle in case of some unforeseen disaster like natural disasters, terrorist attack or a labor strike. So which one should you go for? There is no exact answer to this question you can eith...