The Informational System: Its Importance and Role in Inventory/Stocks Management

Maria-Andreia Iliescu (Ristea) () and Marioara Avram ()
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Maria-Andreia Iliescu (Ristea): University of Craiova
Marioara Avram: University of Craiova

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 1, 962-966

Abstract: In this article we want to present the importance of the informational system in inventory management. Due to the fact that inventories represent a significant part of the entity's assets, they have a great influence on the results of activities carried out by economic entities, but also on the value of balance sheet assets, since they participate in the continuous development of the activity. Information systems simplify work, reduce the likelihood of errors in decision making and increase efficiency. The interest of our research is theoretical, by defining the notions regarding stocks and the informational system, and methodological, by the research methodology used during the research, i.e. by the research stage.

Keywords: stocks/inventory; informational system; decision-making process (search for similar items in EconPapers)
JEL-codes: M40 M41 (search for similar items in EconPapers)
Date: 2020
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