Inventory management is a crucial component in supply chain management in order to facilitate balance between demand and supply. It supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale. A good inventory management system fulfills the demands of customers while maintaining adequate supply of materials and goods.
By adopting ECnet Supply Chain Inventory Management (SCIM)
, an organization can minimize the total cost of inventory while maximize the ability to provide customers with product in a timely matter, leading to continuous business growth and expansion.