How can you describe system in a organisation? Tell me inventory management system.

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Accepted Answer

A system in an organization refers to a set of interconnected components that work together to achieve a specific goal. An inventory management system is a software application that helps businesses manage their inventory levels and track their stock levels.

An inventory management system helps businesses keep track of their inventory levels and stock levels.
It can help businesses reduce the costs associated with overstocking or understocking.
The system can generate reports that provide insights into inventory levels, sales trends, and other key metrics.
It can also help businesses automate their inventory management processes, such as reordering stock when levels fall below a certain threshold.
Examples of inventory management systems include QuickBooks, Fishbowl, and Zoho Inventory.

How can you describe system in a organisation? Tell me inventory management system.

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