You can even control inventory right at the cash register with point-of-sale (POS) software systems. POS software records each sale when it happens, so your inventory records are always up-to-date.

Investopedia / Jiaqi Zhou Kanban is an inventory control system used in just-in-time (JIT) manufacturing. It was developed by Taiichi Ohno, an industrial engineer at Toyota, and takes its name ...

EPOS systems are computer systems that are used by retailers to allow the customer to pay for goods. EPOS can be used to aid stock control as an up-to-date record of stock can be kept ...

Just in time (JIT) inventory control systems occur when a business holds no stock and instead relies upon deliveries of raw materials and components to arrive exactly when they are needed.