Web crawling for price monitoring involves systematically extracting pricing information from e-commerce websites to track changes, analyze trends, and gather competitive intelligence.
Dynamic pricing in ecommerce refers to the practice of adjusting product prices in real-time based on various factors such as demand, competition, market conditions, customer behavior, and inventory levels.
An Inventory Management System (IMS) is a software application that helps businesses track and manage their inventory efficiently. It plays a crucial role in streamlining the process of ordering, storing, and using a company's resources, whether they are raw materials, finished products, or other assets.