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Team5 has written various systems for the handling and automating of inventory management. From simple stock information reports, pick lists, packing list and shipping documents to extensive methods for calculating what to buy, when to buy it, where to store it, and how to move inventory between warehouses, locations, and regions.
Inventory management software is a computer-based system for tracking product levels, orders, sales and deliveries. It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product overstock and outages. It is a tool for organizing inventory data that before was generally stored in hard-copy form or in Microsoft Excel spreadsheets.