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Tracey Baker | July 23, 2020
The broadest definition of the term “inventory management software” would have to include Enterprise Resource Planning (ERP) and Material Requirements Planning (MRP) legacy software that record basic data on inventory.
Advanced Planning and Scheduling (APS) tools help manage the raw materials and components used in manufacturing, and Warehouse Management Systems (WMS) have analogous features for warehouse inventory management.
Today, the term “inventory management software” denotes a distinct category of specialised tools for collecting and analysing inventory-related information for planning purposes.
Tracey Baker
How does inventory management software differ from other supply chain software?
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