Online Supply Inventory system deals primarily with determining the size and placement
of the materials within a facility or within multiple locations of a supply chain network.
It is also concerned with the importance of forecasting the required inventory, availability of physical space,
and cost in carrying those inventories to maintain the planned course of production against the random fluctuations,
or shortage of materials. One way of managing inventory is to have a web-based system in place
that can instantly track and update the information about the tools or equipment.
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