Enterprise Resource Planning software tracks inventory levels on daily basis and also keeps track of goods in transit and future consignments that will arrive in warehouse.
Depending on your business needs it should automate other processes as well by using bar code scanning, price groups that are set up and stored so the order desk can take orders than research past prices, accurate inventory levels so people don't have to physically check the shelves, lot or serial control.
Several leading companies have effectively used ERP software to make their supply chains more ef***ient.

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