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Q3. My Byte Company is a retail organization that sells electronics and appliances. The company has several stores in different cities and a centralized warehouse

Q3. My Byte Company is a retail organization that sells electronics and appliances. The company has several stores in different cities and a centralized warehouse to manage its inventory. The warehouse is responsible for receiving and distributing products to the stores, as well as handling returns and managing the overall inventory. However, the company has been facing several issues with its warehouse management system. Find the most appropriate solution to the problems listed below. A. Inefficient inventory management: The warehouse is often overstocked or out of stock on important items, leading to a loss of sales and customer dissatisfaction. (5 Marks) B. Poor tracking and monitoring: The company has difficulty tracking the movement of of items in and out of the warehouse, which results in a lack of visibility and control over inventory.

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