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Inventory Control Management System

oboloo Glossary

Inventory Control Management System

Inventory Control Management System (ICMS) is a system that helps businesses to manage their inventory levels, track warehouse movements and shipments, and forecast future demand for products. By using ICMS, businesses can ensure stock levels remain at optimal levels to prevent out-of-stock situations as well as reduce costs associated with carrying excess inventory. With an effective ICMS, companies can also improve visibility of the supply chain, better plan for production cycles, and increase customer satisfaction by fulfilling orders promptly.

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