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Essay / Indian Retail Industry - 993
It helps in improving both inventory management and CRM. In order to manage inventory, it keeps track of available stock, optimal stock levels, avoiding stock outs and reducing unnecessary orders. This also results in satisfied customers. Staff can identify the exact location of any retail item at any time. It provides store-to-store visibility, thereby quickly handling customer requests. This also builds customer loyalty as a hassle-free purchase will always result in repeat purchases.