Mars hypermarket was considered as a direct competitor for Lulu hyper market in Sohar few years back in location as well as merchandise wise. But later on, there were several reasons that cause the closure of Mars hypermarket in Sohar. Relevant Sales and Inventory Management System was essential to Mars as the store used offer wide range of household products to the customers in and around Sohar. In fact, Mars was one of the oldest groceries store in the area and they also had opened up new branches to grow their business. But they did not use any sophisticated computerized system in sales and inventory control. That explains the need of having systematic inventory control system. Now Mars management wants to revive its retail business and get its glory that it lost. If you will get an opportunity to act as a Consultant for Mars:

1. What are the modern inventory control methods you will recommend for Mars to avoid the past mistakes? Elaborately discuss your answer with practical input.