1 Introduction to Inventory Management

Oracle MICROS 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. Because 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.

This chapter describes some of the basics for understanding and using the Inventory Management user interface. These concepts are the building blocks for many of the Inventory Management modules you and your organization use to simplify your inventory needs.