What is ment by BIN card?

A BIN card, or Balance Inquiry Notification card, is a record-keeping tool used in inventory management. It tracks the quantities of stock items in a specific location, detailing information such as item description, quantity on hand, and re-order levels. This helps businesses maintain accurate inventory levels, streamline ordering processes, and reduce stock discrepancies. BIN cards are typically used in warehouses and retail environments for effective inventory control.