Item management refers to the process of tracking, organizing, and controlling items within a business or organization. This includes monitoring inventory levels, ensuring proper storage, and managing the flow of items from suppliers to customers. Effective item management helps prevent stockouts and overstock situations, ultimately improving operational efficiency. In many industries, such as retail and manufacturing, item management systems are used to streamline these processes. These systems often utilize technology, like inventory management software, to automate tasks and provide real-time data. This allows businesses to make informed decisions about purchasing, sales, and inventory control.