This video provides an in-depth look at how inventory management operates within the QAD system, particularly focusing on cost considerations. The speaker, Don Lindsay, reviews fundamental concepts like standard and average costing, discusses new tools for analyzing obsolete inventory and days on hand, and highlights functionalities related to regulatory compliance, including controlled substances. He also touches on features for item replacement and managing non-inventory shipping, emphasizing the importance of accurate and timely data for effective inventory control and financial decision-making within the system.
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