The greatest value of a manufacturing business is in its inventories. In this era of high competition it is essential to maximize customer service and minimize operating and financial costs to achieve the best results. The inventory is a strategic asset to this end. If I have what my customers need when they ask me, I do business, but when I do not have it or do not know if I have it, I can hardly meet my goals.
"Any sufficiently advanced technology is indistinguishable from magic", Sir Arthur C. Clarke.