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What are Different Types of Inventory Management Systems and Their Pros & Cons? Departmental overstocks and overfilled warehouses is a challenge that growing businesses face today. One of the most common causes of overstocking is the lack of centralized systems. That’s why it’s important to use inventory management software that will sync and connect all your multi-locations, as well as brings automation in the system to save time and effort. In case you are looking for the best inventory system in India, then you should know about major types of inventory management systems. Let’s now discuss these major types of inventory management systems and their pros and cons. 1- Using Inventory spreadsheet Many small businesses use spreadsheets like excel for keeping track of their inventory. This type of inventory management system can cause many errors & issues like human errors. This method is easily accessible but costly because you have to hire extra staff to manage your inventory...