Information technology's impact on inventory has been labeled an exchange of "information for inventory."

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Exchange

The act of giving one thing and receiving another in return, especially in a commercial context.

Information For Inventory

Data and insights used to manage inventory levels, forecast demand, and ensure optimal stock availability.