List out various advantages & disadvantages of Inventory Management Systems.

Question

The various advantages &amp; disadvantages of Inventory Management systems are: Advantages&nbsp; DisadvantagesIt helps t...

Accepted Answer

The various advantages &amp; disadvantages of Inventory Management systems are: Advantages&nbsp; DisadvantagesIt helps t...

Advantages	Disadvantages
It helps to maintain the right amount of stocks	Increased space is need to hold the inventory
It leads to a more organised warehouse	High implementation costs
It saves time and money	Production problem