Automated inventory management for retail stores
Keeping track of inventory is a major challenge for retail stores. An automated inventory management system that integrates with point-of-sale systems and suppliers can help reduce stockouts and overstocking. Market size: According to a report by Grand View Research, the global inventory management software market size was valued at $3.2 billion in 2020 and is expected to reach $19.2 billion by 2028, growing at a CAGR of 8.5% from 2021 to 2028.