Inventory Management System (KEY IJP************420)

• Taniya Malviya,Sheetal Patel,Dipanshi Patel

Abstract

An inventory management system is software that supports business operations. Inventory management is a complex issue in supply chain management. Businesses need to keep stock in stores to accommodate customers, meanwhile these products incur costs and frozen stocks can be lost. Therefore, the task of inventory management is to find the amount of stock that meets the requirements while avoiding overstocking. This page presents t. It is recommended to use inventory management to reduce inventory levels and use intermediary systems to initiate inventory management activities. For large stores, an inventory management system (IMS) is used. The system is used to store detailed information based on sales information, create product and periodic inventory reports, etc. Can be used for. It is an integrated system that includes user components (used by salespeople, sales representatives) and components (used by managers at the executive level). operations such as adding new elements to the composition. The best way to manage the product will inform the seller at the time of this writing. Inventory management system is also an important part of tracking large orders. An automatic inventory management system helps reduce errors that occur when you record entire inventory in the system. Keywords: stock management system, hardware sales, warehouse, stock management, time saving, high profit.