What is store inventory management?
Store inventory management involves ordering, storing, and using a retailer's stock of raw materials, components, and finished goods in a way that meets customer demand while keeping costs low. Effective systems ensure accurate tracking across locations and maintain optimal levels so stores don €TMt overstock or run out, improving profitability. Modern solutions use barcodes, RFID, and analytics to forecast demand, automate replenishment, and provide real-time visibility into each SKU's status, enabling quick decisions and reducing shrinkage.