answersLogoWhite

0

Modern inventory control systems often rely upon barcodes and radio-frequency identification (RFID) tags to provide automatic identification of inventory objects. In an academic study performed at Wal-Mart, RFID reduced Out of Stocks by 30 percent for products selling between 0.1 and 15 units a day. Inventory objects could include any kind of physical asset: merchandise, consumables, fixed assets, circulating tools, library books, or capital equipment. To record an inventory transaction, the system uses a barcode scanner or RFID reader to automatically identify the inventory object, and then collects additional information from the operators via fixed terminals (workstations), or mobile computers

An inventory control system may be used to automate a sales order fulfillment process. Such a system contains a list of orders to be filled, and then prompts workers to pick the necessary items, and provides them with packaging and shipping

An inventory system also manages in and outwards material of hardware.

Real-time inventory control systems may use wireless, mobile terminals to record inventory transactions at the moment they occur. A wireless LAN transmits the transaction information to a central database.

Physical inventory counting and cycle counting are features of many inventory control systems which can enhance the organization.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Where can I find more information on data storage systems?

You can ask a data programmer about any information pertaining to data storage systems. There may also be ways to send away for brochures that have information about data storage systems.


What term refers to data storage systems that make it possible for a computer to store and retrieve data?

Storage technology


What is the purpose of data storage systems?

Data Storage systems can serve quite a number of various purposes. The most common use, and their primary function, is to store data. What is meant by this is that anything that is done on a computer that requires the computer to remember something is stored on the data storage system.


4 elements of data processing systems?

A system, including computer system and associated personnel, that performs input, processing storage, output and control functions to accomplish a sequence on data.


Where can one purchase NAS systems for a business?

NAS (network-attached storage) systems are available from business and technology stores such as Newegg and Amazon. These systems are used as data storage centers for large amounts of computer data, especially important data.


What are the two method used in data processing systems for organizing data?

The two methods used in data processing systems for organizing data are database systems and file systems. Database systems use structured data models and provide a logical organization of data through tables, allowing for efficient storage, retrieval, and manipulation. File systems, on the other hand, organize data in files and folders, providing a hierarchical structure for storage and access.


What has the author James A Hall written?

James A. Hall has written: 'Accounting information systems' -- subject(s): Accounting, Information storage and retrieval systems, Data processing 'Accounting information systems' -- subject(s): Information storage and retrieval systems, Data processing, Accounting


What exactly does the term raid data recovery refer to?

"RAID" is short for "Redundant Array of Inexpensive Disks." RAID are groups of storage systems. RAID Recovery is the act of recovering data from those storage systems.


What is the ticker symbol for Electronic Data Systems?

The ticker symbol for Electronic Data Systems is EDS and it is traded on the New York Stock Exchange.


What are the four elements of data processing systems?

input, process, output and storage.


What is the purpose of modredundant in the context of data storage systems?

The purpose of modredundant in data storage systems is to provide redundancy and ensure data integrity by storing multiple copies of the same data across different locations or devices. This helps to protect against data loss in case of hardware failures or other issues.


What has the author Charles Wiseman written?

Charles Wiseman has written: 'Strategic information systems' -- subject(s): Business, Data processing, Information storage and retrieval systems 'Strategy and computers' -- subject(s): Business, Data processing, Information storage and retrieval systems