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Inventory transfer refers to the movement of goods or products from one location to another within a company's supply chain or inventory system. This can involve the physical transfer of items from one warehouse to another, from a retail store to a distribution center, or between different business units or departments within an organization. Inventory transfers are typically tracked and recorded in a company's inventory management system to ensure accurate accounting and inventory control.
Who is the user of Inventory Transfer?
When do we use the Inventory Transfer?
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In essence, inventory transfers are a vital part of inventory management and supply chain optimization, helping businesses respond to changing market conditions, reduce costs, improve customer service, and make efficient use of their resources.