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Manual Inventory Management System

oboloo Glossary

Manual Inventory Management System

Manual Inventory Management System is a system for controlling and monitoring inventory levels. It involves tracking inventory items manually, rather than through automated tools such as barcode scanners or radio-frequency identification (RFID). It can be used to track the movement of goods within a business, as well as the number of stock on hand. This system is also commonly referred to as ‘paper-based inventory control’ or ‘physical inventory management’. Manual inventory management allows companies to accurately monitor stock levels in real-time, and make informed decisions about purchasing, pricing, and stocking. With a reliable manual inventory management system in place, businesses are able to minimize waste and maximize profits.

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