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Inventory tracking software is a digital system used to monitor, manage, and control inventory levels in real time. It helps businesses track the movement of goods from procurement to storage and final sale or distribution. The software records key inventory details such as item quantities, locations, batch numbers, expiration dates, and reorder levels.

By automating inventory updates and integrating with sales and purchasing systems, inventory tracking software reduces manual errors, prevents overstocking or stockouts, and improves operational efficiency. It provides accurate data and reporting tools that support forecasting, demand planning, and informed decision-making.

Inventory tracking software is essential for maintaining accurate inventory records and ensuring smooth business operations. It enhances visibility, reduces losses, and improves inventory control by providing real-time insights into stock levels and movement. Implementing inventory tracking software helps organizations save time, reduce costs, and improve customer satisfaction through better inventory management.