A PROJECT REPORT On INVENTORY MANAGEMENT SYSTEM Submitted in partial fulfillment of the requirements for the award of the degree of MASTER OF COMPUTER APPLICATION Undertaken at NATIONAL INFORMATICS CENTRE (NIC) DEPARTMENT OF INFORMATION TECHNOLOGY‚ GOVT. OF INDIA CGO COMPLEX‚ LODHI ROAD‚ NEW DELHI [pic] tecnia institute of advanceD studies [pic] SUBMITTED BY: DHRUVIKA PATEL M. C. A . ENROLLMENT NO.-0371704404 NIC ID-9238 ACKNOWLEDGEMENT
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Inventory Management: Quantity and location of inventory‚ including raw materials‚ work-in-progress (WIP) and finished goods. Inventory management is primarily about specifying the size and placement of stocked goods. Inventory management is required at different locations within a facility or within multiple locations of a supply network to protect the regular and planned course of production against the random disturbance of running out of materials or goods. The scope of inventory management
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functions above will lead towards the inventory management. As the inventory management is considered as one of the most valuable assets of an organization‚ an efficient inventory management systems are needed to manage it. Below are the purpose of inventory management: The many changes in the market demand ‚ new opportunities due to worldwide marketing ‚ global sourcing of materials and new manufacturing technology means many companies need to change their Inventory Management approach and change
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Requirements Specification 18 Design of Software Systems‚ Product and or Process 21 BIBLIOGRAPHY 22 APPENDIX 23 PIECES FRAMEWORK 23 Chapter 1 Introduction Nowadays‚ in modern era a lot of establishments using computerized systems like inventory system‚ which acts as vital role in challenging towards companies success. Through man’s knowledge and creativity‚ the world has been changed‚ from the prehistoric tools of the primitive man up to the modern machineries‚ the advancement in technology
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Inventory Management UNIT 17 Objectives INVENTORY MANAGEMENT Upon completion of this unit‚ you should be able to: understand the meaning of inventory and identify inventory related cost parameters learn about various types of inventory policies appreciate the role of selective inventory management know the exchange curve concept for aggregate inventory planning get a feel of some mathematical models of inventory analysis perform sensitivity analysis on a type of model compute safety stocks
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“A STUDY ON INVENTORY MANAGEMENT " ABSTRACT The study of the research entitled “A Study on Inventory Management ". The details regarding the history‚ finance and inventory policies of the company were collected through discussion with company officers. The main objective of this study is to analyze the inventory position of the company for the period of eight years. It study also analyze with the funds that are locked up in the inventories that are maintained by the T
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STUDY ON INVENTORY MANAGEMENT” in LUCAS-TVS was carried for a period from 4th to 31st of July‚ 2012. This study enables to understand the various techniques that are used in inventory management. The techniques such as inventory turnover ratio‚ ABC analysis and EOQ have been applied in this project. Inferences are drawn using the above said techniques. Inventory means physical
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HP at Cultural Crossroads Case study analysis: SHUBHADIP BISWAS Section-A Pgdm 10-12 IILMGSM HP at Cultural Crossroads • Founded in 1938 in California as an electronic instruments company by Bill Hewlett and David Packard. The founders……. The product …. The logo then HP’s culture had over the years translated into a consensus-style culture that was proving to be a sharp disadvantage in the fast-growing Internet business era. HP needed a new leader to cope with rapidly changing
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TOPIC: DEMING 14 POINTS AT HP MALAYSIA Contents 1.0 Introduction 2 2.0 HP and Total Quality Management 3 3.0 Deming’s 14 Points 4 3.1. Constancy of purpose: 4 3.2. The new philosophy: 4 3.3. Cease dependence on mass inspection: 5 3.4. End lowest tender contracts: 5 3.5. Improve every process: 5 3.6. Institute training on the job: 6 3.7. Institute leadership of people: 6 3.8. Drive out fear: 7 3.9. Break down barriers: 8 3.10. Eliminate exhortations: 8 3.11. Eliminate
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The Inventory System Inventory management is a vital part of any retail business‚ whether it’s a traditional brick-and-mortar shop or an online Web site. Inventory management provides you with critical information about the condition of your products‚ such as whether you are low on stock and your inventory needs to be replenished. Inventory management also provides your customers with accurate information‚ letting them know when items are out-ofstock‚ back-ordered‚ or pre-orderable. Failure to provide
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