How does technology improve inventory management?
Technology enhances inventory management by automating processes, improving accuracy, and providing real-time data.
What specific technologies are commonly used in inventory management?
Common technologies include barcode scanning, RFID, inventory management software, and cloud-based solutions.
Can you explain how RFID works in inventory management?
RFID uses radio waves to identify and track items with tags, allowing for faster and more accurate inventory counts.
What are the benefits of using cloud-based inventory management systems?
Cloud-based systems offer accessibility, scalability, real-time updates, and reduced IT costs.
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