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What is Inventory management? Benefits of Inventory management in Hotels

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Inventory management In terms of stock distribution, packaging, availability, etc., inventory management plays an important role in ensuring a healthy logistic network in the business world. Resource processing is conducted to tackle inventory procurement, transportation, and sales; both raw materials and finished goods. You may assume that inventory control is nothing but having the right product at the right amount in the right location at the right time and at the right expense in the language of a layman. The module is structured to keep the main and necessary capability of the fulfillment center unified such that you can track each and every information relevant to inventory, such as stock level, product history, product determinations, etc. The knowledge synchronizes with all other data in the inventory management system to help you efficiently run the product stock, improve efficiency and even increase team coordination, regardless of the distances between them at the spatial o