Question

Difference inventory management and materials management ?

Answer 1

Inventory management systems take a simpler and broader approach by providing you with the total amount of inventory in one specific location whereas warehouse management systems tend to be more complex and divide warehouses into multiple compartments and bins. This allows you to manage the entire storage system within the warehouse rather than one particular location.

Warehouse management systems also allow you to find specific items in the warehouse while inventory management solutions simply inform you that they are somewhere in the warehouse. Additionally, warehouse management is essential to the ongoing operations of other departments, unlike inventory management.