Inventory Control Systems Essay

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Inventory Control System

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Inventory Control System
Inventory control systems are either tool bases or manual methods for tracking inventory. Inventory control systems can be used for almost any type of measureable good; including food, clothing, books, equipment, and any other item that consumers, retailers, or wholesalers may purchase. There are a wide variety of ways to create an Inventory control systems; like manually tracking inventory, periodically tracking inventory, bar-coding inventory, and RFID tagging inventory.   Critical to retail stores is the control of merchandize, especially for retailers with a huge number or assortment of sale merchandize. Having a clear record of the merchandize allows warehouses to keep track of the orders and shipments.
Most businesses that provide goods for consumers use a system of inventory control in order to assure quality control. A retailer that does not use a reliable inventory control system may find themselves running out of essential items when their customers request them. Use of a good inventory control system will help to insure that there is sufficient merchandize for consumer orders and will also provide the automatic tracking of large orders. For example, a company places an order. That purchase order may contain a list of items to pull for packing and shipping.   With an inventory system in place businesses can provide a real-time inventory tracking information, like helping a worker locate the items on the order in the warehouse,   encode shipping information, such as tracking numbers and delivery address, and removing those purchased items from the inventory tally to keep an accurate count of in-stock items ("Inventory Control System”, n.d.).

The Manual Inventory System
An inventory control system is needed by even the smallest business in order to keep an accurate merchandise count as well as for accounting purposes. Business owners either choose a computerized system or a manual...

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