An inventory control system is a process for managing and locating objects or materials(wikipedia, 2011). With all the Just-In-Time talk and knowledge regarding better management and understanding of inventory. With its up-to-date inventory management system, walmart is able to develop an integrated system which EDI placed orders directly when stocks reached a certain level. In order to manage this, Wal-Mart utilize Oracle database where it meets Wal-Mart's needs and develop new technology which is being compatible with the radio frequency identification RFID to increase inventory efficiency(wal-mart database, 2011)
Wal-Mart was able to reduce unproductive inventory by allowing stores to manage their own stocks, reducing pack sizes across many product categories, and timely price markdowns
The order management and store replenishment of goods were entirely executed with the help of computers through the Point-of-Sales (POS) system
It also reduces turn around time in processing orders.
http://www.inventorymanagementreview.org/2006/04/walmart_increas.html
http://en.wikipedia.org/wiki/Inventory_control_system
http://www.docstoc.com/docs/9517882/Wal-Mart-Database
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