Efficient Operations: It streamlines inventory-related processes, leading to more efficient order management, restocking, and overall supply chain operations.

Accurate Inventory Tracking: Provides real-time visibility into stock levels, reducing the risk of stockouts or overstocking and ensuring optimal inventory levels.

Cost Control: Helps minimize carrying costs by optimizing inventory levels and reducing excess inventory, leading to better cash flow management.

Optimized Space Utilization: Helps allocate storage space effectively, reducing wastage and maximizing the use of available space.

Compliance and Auditing: Facilitates compliance with regulations and provides an accurate audit trail of inventory movements.