Report On SPARE PARTS INVENTORY MANAGEMENT SYSTEM Undertaken At COLGATE PALMOLIVE INDIA LIMITED EXECUTIVE SUMMARY The main problem faced by the production & stores is the poor availability of spare parts of various machines. The non-availability often leads to loss in production time. The objective of the current project is to design a user friendly inventory management system that would minimize stock outs and at the same time help in maintaining optimum inventory levels according to the
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widespread of computer technology. Certainly‚ many companies and businesses are using sales monitoring and inventory system for their success and growth. It is an effective way for monitoring sales and tracking different products and materials that are transferred in and out of a company’s warehouse or establishment. Moreover‚ a sales monitoring and inventory system promotes effective inventory control which ensures stocking the marketable and correct items in correct quantities. This system can
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1 INTRODUCTION Inventory is basically the total amount of goods and materials held in stock by a factory‚ store and/or any businesses. An inventory system is a process whereby a business keeps track of the goods and materials available. In its simplest sense‚ it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and products being sold. Point of Sale (POS) and Inventory management are vitally important
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A Project Proposal for Elective 2 (Management Information System) Name of Proponents: Alma Manga Jenny V. Maur Alvin Baltazar Elgine Astijada Richmond L. Dalida Christian Dio Lloyd D. Maramag School Year/Semester: 1st Semester‚ 2013-2014 Proposed Title: “A Propose Sales Operation with Inventory Monitoring System for Best Buy Trading Supply (BBTS) Computer Sales“ Area of Investigation Sales take a lot of process that starts on the customers
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CEO of a GARMENT FACTORY Preface One of the popular Chinese sayings in the garment manufacturing industry stated‚ "If you dislike someone‚ try to persuade him to engage in the garment industry as retribution.” This reflects how the level of difficulty and complexity of the garment manufacturing jobs may impact one’s career. However‚ it was also this reason that may have sparkled individuals who are interested in the profession to take the challenge to cope with and overcome the complexity of
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Related Literature-Inventory System Inventory control systems maintain information about activities within firms that ensure the delivery of products to customers. The subsystems that perform these functions include sales‚ manufacturing‚ warehousing‚ ordering‚ and receiving. In different firms the activities associated with each of these areas may not be strictly contained within separate subsystems‚ but these functions must be performed in sequence in order to have a well-run inventory control system
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sales system and integrated it with a inventory system‚ this system handle various operations. Spectrum Grains Trader and Rice Miller is owned by Mr. & Mrs. Engr. Edwin Subillaga‚ it was establish on year 1989‚ there main office is located at Aglipay Street Kabacan‚Cotabato and there factory and basement is sited at Lower Paatan Kab.‚ Cot. Spectrum main product is rice; they are the major suppliers of rice in place and some other areas. Sales and Inventory System is business computer software
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Objective of the Study Page 8 - 9 Research Plan Page 10 Time Line and Resources Page 11 - 12 References Page 13 A RESEARCH PROPOSAL To: Director Climate Change Project Prime Minister Office Project Putrajaya 52100 Malaysia From: Zaimah Hassan Date: 1st Jan 2010 Subject: A Research Proposal on the Climate Change Phenomena in Malaysia INTRODUCTION There is no doubt now that climate change and global warming are synonymous. This phenomenon is
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A COMPUTER-AIDED INVENTORY MANAGEMENT SYSTEM – PART 2 11 A computer-aided inventory management system – part 2: inventory level control C.Y.D. Liu and Keith Ridgway Reviews inventory policies and lot-sizing techniques in a cutting tool manufacturer Introduction In part 1 of this article[1] the design and development of a computer-aided inventory management system (CAIMS) was described. The CAIMS system was developed for a cutting tool manufacturer‚ PRESTO Tools Ltd‚ Sheffield‚ with the objectives
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[pic] East West University (EWU) Course Name : MGT-101 Course Instructor : Dr. Nazrul Islam Professor‚ Dept. of Business Administration East West University. Project Work Topic : Management Practice of Polar Group Members : Md. Mostafa Anwar Md. Nazmul Hasan Id:2009-3-10-072 Id:2010-1-13-038 Md.Shahadat Hossain
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