An inventory management program can assist with ________
Answer Details
An inventory management program can assist with all of the above: distribution, purchasing, and planning.
Inventory management involves keeping track of a company's stock of goods and materials, and making sure that there are enough items on hand to meet customer demand without having too much excess inventory that ties up capital.
A good inventory management program can help with distribution by providing real-time updates on inventory levels and locations, allowing companies to quickly and accurately fulfill customer orders. It can also assist with purchasing by tracking inventory levels and alerting staff when it's time to reorder supplies, helping to ensure that stock is always available when needed.
Additionally, an inventory management program can assist with planning by providing data and analytics on sales trends, inventory turnover, and other key performance indicators. This information can help companies make informed decisions about which products to stock, when to order supplies, and how much inventory to keep on hand. Overall, a well-designed inventory management program can help companies save time, reduce waste, and improve efficiency.