IoT revolutionizes Inventory Management by providing real-time visibility and control over stock levels. Connected sensors and devices collect data on inventory status, helping businesses track item location, monitor shelf life, and prevent stockouts or overstock. Automated monitoring enables timely reorder alerts, optimizing supply chain efficiency. RFID tags and IoT-connected devices streamline asset tracking, reducing manual errors. Advanced analytics derived from IoT data enhance demand forecasting, minimizing excess inventory costs. Overall, IoT in Inventory Management ensures precision, reduces operational expenses, and facilitates proactive decision-making, fostering a leaner, more responsive supply chain.

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