Summary Research Paper Example | Topics and Well Written Essays - 250 words - 1

Summary - Research Paper Example Qualified personnel enable the company to implement the stocking policy strictly and effectively. Application software application in inventory management ensures efficiency. Retail businesses face several challenges in inventory control and its operational management (Edward and Peter 12). This suits retail businesses with multiple locations or service providers (Agrawal 23). This ensures maintenance of inventory across the several locations of the business and service providers. The retail inventory planning and further inventory tracking for every retail business is vital in the entire process. This is possible through the use of inventory management systems (Quittner 14). This enable initiation and streamlining the inventory control system. An example is the scanning technology that uses wireless scanners. Inventory control, therefore, is principle in retail management success. Edward, Duplaga and Peter, Pinto.â€Å"Adapting production processes to respond to evolutionary changes in market conditions: a case study†. Production & Inventory Management Journal. 22 December, 2002. Web, 25 April,