In simple terms it is a stock of items that your business is selling in order to make a living. Almost every non-IT related business has some physical items to sell and hence Inventory is at the heart of almost any business and is central to the planning process.
The considerations in setting it up are at least as complex as those for any other single application. Commonly, Inventory will be installed during the implementation of Order Entry, Purchasing, Manufacturing, or Supply Chain Management but it is an extremely complex module in its own right with several important setup considerations.
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