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Stocking System

oboloo Glossary

Stocking System

A stocking system is an inventory management system that keeps track of product-specific items, such as parts and components. The goal of the stocking system is to ensure adequate inventory levels for any given product in order to meet customer demand and minimize outages or stockouts. It is a proactive system that helps businesses stay ahead of the game by forecasting inventory needs. By utilizing historical data, predictive analytics, and other methods, companies can optimize their stocking systems to save costs and maximize profits.

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