Copyright © All rights reserved micansinfotech.com
Inventory Management System is software which is helpful for the businesses operate hardware stores, where storeowner keeps the records of sales and purchase. Mismanaged inventory means disappointed customers, too much cash tied up in warehouses and slower sales. This project eliminates the paper work, human faults, manual delay and speed up process. Inventory Management System will have the ability to track sales and available inventory, tells a storeowner when it's time to reorder and how much to purchase. Inventory Management System is a windows application developed for Windows operating systems which focused in the area of Inventory control and generates the various required reports.
ADD NEW PRODUCTS
VIEW PRODUCTS
PRODUCT SALES - CHECKS FOR THERSHOLD NO OF QUANTITY AVAILABLE
MONTHLY REPORT
MONTHLY REPORT BASED ON SPECIFIC PRODUCTS
DELETE PRODUCTST
LOG DETAILS - WITH TABLE NAME OPERATION AND KEY VALUE - USING TRIGGPURCHASE REPORT
EMPLOYEE REPORT
CUSTOMER ERS
REPORT
SUPPLIER REPORT
The Inventory Management System is a real-time inventory database capable of connecting multiple stores. This can be used to track the inventory of a single store, or to manage the distribution of stock between several branches of a larger franchise. However, the system merely records sales and restocking data and provides notification of low stock at any location through email at a specified interval. The goal is to reduce the strain of tracking rather than to handle all store maintenance. Further features may include the ability to generate reports of sales, but again the interpretation is left to the management. In addition, since theft does occasionally occur, the system provides solutions for confirming the store inventory and for correcting stock quantities.
This paper describes the Inventory Management System sufficiently to determine the feasibility and usability of a finished system. The core concept is to track the sale of items from the cash registers with additional features for interpreting the data. It uses a client-server model with a connected database to allow multiple stores and warehouses to be connected. This allows for later expansion while still supporting the targeted small businesses. The core features and final framework should be completed within 2 weeks, leaving 5 weeks to implement additional features and testing.
Inventory management has to do with keeping accurate records of finished goods that are ready for shipment. This often means posting the production of newly completed goods to the inventory totals as well as subtracting the most recent shipments of finished goods to buyers. When the company has a return policy in place, there is usually a sub-category contained in the finished goods inventory to account for any returned goods that are reclassified or second grade quality. Accurately maintaining figures on the finished goods inventory makes it possible to quickly convey information to sales personnel as to what is available and ready for shipment at any given time. Inventory management is important for keeping costs down, while meeting regulation. Supply and demand is a delicate balance, and inventory management hopes to ensure that the balance is undisturbed. Highly trained Inventory management and high-quality software will help make Inventory management a success. The ROI of Inventory management will be seen in the forms of increased revenue and profits, positive employee atmosphere, and on overall increase of customer satisfaction.