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One of the largest competitive advantages large companies have over smaller ones is efficiency in managing inventory. Through electronic inventory tracking systems using stock control software, larger companies have real-time counts of all items in stock and the ordering of replenishment stock is done automatically based on the count in the computer.
But now small to medium-sized businesses may now take advantage of the same technology that larger businesses use to increase efficiency and, therefore, profits. Stock management tracking software and solutions are now available in affordable packages that suit the needs of any size business looking to increase its bottom line, from the "mom-and-pop" retailer to the regional department store.