inventory-database

Vocabulary Word

Definition

'Inventory-database' is like a big electronic storage room that helps shops or businesses keep track of what they have, how much of it, and where it is.

Examples in Different Contexts

In Retail Management, an 'Inventory Database' tracks stock levels, product details, and sales data to manage supply efficiently. A store manager might say, 'Our inventory database helps us reorder products before we run out of stock.'

Practice Scenarios

Academics

Scenario:

It's important we keep an accurate account of our laboratory materials. Especially, which items are available and how many of each.

Response:

Let’s implement an inventory-database for the lab. It would help in tracking the ongoing usage and stock of each scientific instrument.

Creative

Scenario:

The prop master has pointed out that duplicate props are often ordered mistakenly. It's time to find an efficient solution.

Response:

An inventory-database for props would prevent duplicate orders and would help us track the usage and location of each item.