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Inventory control systemAn inventory control system is an integrated package of software and hardware used in warehouse operations, and elsewhere, to monitor the quantity, location and status of inventory as well as the related shipping, receiving, picking and putaway processes. In common usage, the term may also refer to just the software components. Modern inventory control systems rely upon
barcodes, and potentially RFID tags, to provide automatic identification
of inventory objects. Inventory objects could include any kind of physical
asset: merchandise, consumables, fixed assets, circulating tools, library
books, or capital equipment. To record an inventory transaction, the
system uses a barcode scanner or RFID reader to automatically identify the
inventory object, and then collects additional information from the
operators via fixed terminals (workstations), or mobile computers. Applications An inventory control system may be used to automate a sales order fulfillment process. Such a system contains a list of order to be filled, and then prompts workers to pick the necessary items, and provides them with packaging and shipping information. Real time inventory control systems use wireless, mobile terminals to record inventory transactions at the moment they occur. A wireless LAN transmits the transaction information to a central database. Physical inventory counting and cycle counting
are features of many inventory control systems which can enhance the
organization. |