Inventory management
Inventory tracking
Monitoring inventory levels in real-time to ensure that stock is always available when needed.
Demand forecasting
Using sales data and other metrics to predict future demand for products and adjust inventory levels accordingly.
Stock replenishment
Ordering new stock when inventory levels fall below a certain threshold to avoid stockouts and lost sales.
Inventory optimization
Analyzing sales data and inventory levels to identify slow-moving or obsolete products and adjusting inventory levels accordingly.
Warehouse management
Optimizing the layout and processes of the warehouse to ensure efficient storage, retrieval, and handling of inventory.
Technology adoption
Implementing software and tools to automate inventory tracking, order management, and other inventory-related processes.