Technology can be leveraged to improve inventory management in several ways. It can be used to automate the tracking of inventory levels, orders, sales and deliveries. This can reduce the amount of time spent on manual tasks and increase accuracy. Technology can also provide real-time inventory updates, allowing businesses to make informed decisions about ordering and stock management. Additionally, technology can help to identify trends and patterns in sales, which can inform future purchasing decisions. Finally, technology can improve the efficiency of inventory management by integrating with other business systems, such as accounting and customer relationship management (CRM) systems.
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