PROJECT OVERVIEW
Complete Accounting Software
Book Keeper Windows is a complete accounting + inventory management software designed specially for Windows.
Create estimates and invoices, receipts & payments, record expenses, bills and purchases, Banking/Journal vouchers and view over 35+ financial reports.
What Is Inventory Management?
Inventory management refers to the process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items.
KEY TAKEAWAYS
- Inventory management is the entire process of managing inventories from raw materials to finished products.
- Inventory management tries to efficiently streamline inventories to avoid both gluts and shortages.
- Two major methods for inventory management are just-in-time (JIT) and materials requirement planning (MRP).