An inventory management system (IMS) is software – typically embedded as a module within ERP or warehouse management system (WMS) platforms – that monitors stock levels in real time, records every inbound and outbound movement, and automatically triggers or recommends purchase orders.
Source: https://www.investopedia.com/terms/i/inventory-management.asp
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.