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Terms & explanations relating to logistics, supply chain management and e-commerce

Inventory management

Inventory management is used to monitor and control stock levels, inventory and warehouse items and is therefore part of supply chain management (SCM). An important function of inventory management is to record every newly received or returned product in incoming goods or outgoing goods of a warehouse or point of sale in detail.

The inventory management of Bitergo WMS - Warehouse Star consistently takes into account clients, serial numbers, batches and expiry dates. Blocked stock types can be defined individually in the master data.