ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The real advantage of computerized inventory control systems is:
A
time saving.
B
expense.
C
space.
D
paper printouts.
Explanation: 

Detailed explanation-1: -An automated inventory system can help you increase efficiency and keep track of everything – if you use an efficient inventory management system. An automated inventory system can save up to 95% of the time spent on manual data entry.

Detailed explanation-2: -Using a computerised system is a lot cheaper than other forms of data filing due to it being overall more efficient. As the work is automatically done and all reports are kept in one area, everything is completed quicker and will save time massively.

There is 1 question to complete.