Oracle Hospitality Inventory Management is a web-based inventory management solution that provides purchasing, receiving, and stock management functionality, along with full recipe and product costing capabilities. Since the database is hosted centrally, there is no software installation required at the location level. All software updates are automatic, allowing you to benefit immediately from any newly added features or reports. Like Oracle Hospitality Reporting and Analytics Advanced, Inventory Management is hosted by Oracle MICROS and can be delivered as an ASP service, or you can purchase a traditional software license with separate hosting services.
This chapter describes some of the basics for understanding and using the Inventory Management user interface. Be sure to look over these concepts, as they are the building blocks for many of the Inventory Management modules you and your organization use to simplify your inventory needs.