How is it inventory managed?

Question

Accepted Answer

Inventory is managed through various processes such as forecasting, procurement, storage, and tracking.

Inventory is managed by forecasting the demand for spare parts based on historical data and market trends.
Procurement involves ordering spare parts from suppliers or manufacturers to ensure availability.
Storage includes organizing and storing spare parts in a systematic manner to facilitate easy retrieval.
Tracking involves monitoring inventory levels, conducting regular audits, and updating records to prevent stockouts or excess inventory.
Inventory management systems or software can be used to automate and streamline these processes.

Accepted Answer

Physical stock in every month end Dealership Software

Accepted Answer

By ERP SYSTEM and Physical stock in every month end

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