Inventory management is an important term when it comes to the eCommerce business. As the whole concept of eCommerce is based on the internet, it is always important to keep sufficient inventory to cater to the demands of the customers. In simple terms, inventory management helps you to manage and keep track of your inventory so that you can channelize them accordingly and deliver to the customers without any delay. It ensures that you always have optimum stock of the products that you intend to sell. It makes no sense when you are selling products to customers and then run out of stock within a few days of time. It is not a good precedent for an eCommerce business.