Technology can significantly enhance inventory management in manufacturing through various ways. Here are some of the key technologies and how they help:

1. Enterprise Resource Planning (ERP) Systems: ERP systems integrate all facets of an enterprise into a single database, allowing for better inventory tracking, demand forecasting, and resource allocation. These systems enable manufacturers to maintain optimal inventory levels by predicting future demands based on historical data.

2. Internet of Things (IoT): IoT devices can be used to monitor inventory in real-time. Sensors and RFID tags help track the location and condition of goods throughout the manufacturing process and in storage. This technology provides instant data, helping to reduce overstocking or stockouts.

3. Automated Storage and Retrieval Systems (ASRS): These systems automate the placement and retrieval of items in a warehouse, improving the speed and efficiency of inventory management. They can significantly reduce human error and labor costs while increasing productivity.

4. Inventory Management Software: This software offers tools for tracking inventory levels, orders, sales, and deliveries. It can also be used to create work orders and bills of materials. Advanced software integrates with forecasting tools to adjust inventory levels based on predicted demand.

5. Artificial Intelligence (AI) and Machine Learning (ML): AI and ML can analyze vast amounts of data to predict trends, anticipate supply chain disruptions, and suggest optimal inventory levels. These technologies can also optimize picking routes and layouts for warehouses.

6. Blockchain: Blockchain can improve transparency in the supply chain. It provides a secure, unchangeable ledger, allowing manufacturers to track materials and products from the supplier to the end user, ensuring the authenticity of goods and compliance with regulations.

7. 3D Printing: On-demand manufacturing with 3D printing reduces the need for keeping large inventories of some parts. It allows manufacturers to produce parts as needed, which can be especially useful for custom and low-volume items.

By incorporating these technologies, manufacturers can streamline their inventory processes, reduce costs, improve accuracy, and enhance overall supply chain efficiency.