"Inventory visibility" refers to the provision of information about the current status, location, and other relevant details of goods or products in real-time. This information is crucial for businesses to ensure transparency along the supply chain and enhance warehouse management efficiency.
Typical features of software in the field of inventory visibility include:
Inventory Management: Real-time tracking and updating of inventory, including location and availability.
Track & Trace: Monitoring and tracing of goods movements throughout the supply chain from order to delivery.
Real-time Data Updates: Automatic updating of inventory information to ensure accurate stock data.
Reporting and Analytics: Generation of reports and analysis of inventory data to optimize stock levels and logistics processes.
Integration with Other Systems: Seamless integration with ERP systems, warehouse management systems, and other relevant enterprise applications.