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Computerized Inventory control means using a software program designed to keep track of inventory items (items numbers, descriptions, quantities, cost and selling price) for every item recived and produced and every item sold.

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12y ago
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16y ago

An inventory control system is an integrated package of software and hardware used in warehouse operations, and elsewhere, to monitor the quantity, location and status of inventory as well as the related shipping, receiving, picking and putaway processes. In common usage, the term may also refer to just the software components. An inventory control system may be used to automate a sales order fulfillment process. Such a system contains a list of order to be filled, and then prompts workers to pick the necessary items, and provides them with packaging and shipping information

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9y ago

Inventory management is the ordering, stocking, and storage of inventory. Management makes sure that there is enough product and not an overage.

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Q: What is the definition of inventory control system?
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Related questions

How is IT useful in Inventory control system?

to practice he/she's knowledge how to use the inventory system


Is a perpetual inventory system is an effective means of control over inventory?

no


Which inventory valuation model does not allow control of inventory by visual inspection?

Perpetual system Perpetual system


Recommendations on a weak inventory system?

Depend on the definition of "weak" here... I'm gonna assume it's the control. Then the best practice in manual system is to have two inventory officer. One on the purchasing side, one on the actual inventory management. If you implement something like an erp... this weakness is address by default.


Find out how to control inventory control system?

Investing in inventory management software is one of the most effective ways to gain control of your company's inventory. Inventory is tracked in real time using a perpetual inventory control system. You may increase quality control by using an inventory management system. Inventory control, often known as stock control, is the process of regulating and optimizing the warehouse inventory of your firm. Hone your predicting skills. Use the FIFO (first-in, first-out) approach (first in, first out). Identify stocks with a low turnover rate. Carry out an inventory audit. Use cloud-based inventory management software. Always keep an eye on your inventory levels. Reduce the amount of time it takes to fix equipment.


Where can one get an inventory control system?

Sys Pro sells solutions that helps simplify inventory control systems. Intuit Payments similarly provides software and hardware to manage inventory. Inventory control systems are processes for managing and locating objects.


System for drug procurement and inventory control in the pharmacy?

add


What is q-system under inventory control?

lot unit


Disadvantage of inventory control system?

pwede pki lagay ung best answer ng disadvantages ng inventory system sa ibang system. thank you :)


Definition of fixed order quantity system?

A fixed order quantity system is the arrangement in which the inventory level is continuously


How can I keep track of inventory with a POS system?

There are inventory control systems that are available for purchase. The system bills the product and updates your inventory at the same time. Walmart uses it. Check out the HP link below.


Critical level in Inventory control system?

Kritikal ka na e.