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Inventory Management System (Abstract)

This document presents an abstract for an inventory management system project. The project is led by Vincent Danesh Hernandez with 4 other team members. The proposed inventory system allows users to easily track and monitor inventory and sales. It includes functions like stock-in, stock-out, and returns. The system stores item and customer information and can generate various reports. The goal is to develop an improved system that overcomes limitations of existing systems and provides security while reducing manual work.

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Danesh Hernandez
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2K views2 pages

Inventory Management System (Abstract)

This document presents an abstract for an inventory management system project. The project is led by Vincent Danesh Hernandez with 4 other team members. The proposed inventory system allows users to easily track and monitor inventory and sales. It includes functions like stock-in, stock-out, and returns. The system stores item and customer information and can generate various reports. The goal is to develop an improved system that overcomes limitations of existing systems and provides security while reducing manual work.

Uploaded by

Danesh Hernandez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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INVENTORY MANAGEMENT SYSTEM

ABSTRACT

LEADER: Vincent Danesh Hernandez

MEMBERS: Charles Oliver Sevilla

Princezz Mariz Alowa

John Lester Lumbay

Reagan Macaraig

ABOUT THE PROJECT:

Doing an inventory can be a tough job but here’s a software-based inventory system that
will keep your inventory balanced. This inventory system lets you track and monitor easily the
inventory and sales. Aside from that, this system also includes tasks such as stock-in, stock-out,
and return for products. This uses a variety of information or data to keep track of the product as
they move through the process, including the number of items, price, etc. This software-based
inventory system is more appealing to small businesses. The system stores the list of items and
customers. The item categories and units are dynamically encoded in this project which can be
managed at settings. The system also generates different reports such as the stock list and
analytical summary of stock in and stock out reports.

PROPOSED SYSTEM:

The aim of proposed system is to develop a system of improved facilities. The proposed
system can overcome all the limitations of the existing system. The system provides proper
security and reduces the manual work. The existing system has several disadvantages and many
more difficulties to work well. The proposed system tries to eliminate or reduce these difficulties
up to some extent. The proposed system will help the user to reduce the workload and mental
conflict. The proposed system helps the user to work user friendly and he can easily do his jobs
without time lagging.
ADVANTAGES:
The system is very simple in design and to implement. The system requires very low
system resources and the system will work in almost all configurations. It has got following
features
 Minimize manual data entry.
 Minimum time needed for the various processing
 Greater efficiency
 Better Service
 Minimum time required
DISADVANTAGES:
Here in the Electronic bus ticketing, a detailed study of existing system is carried along
with all the steps in system analysis. An idea for creating a better project was carried and the
next steps were followed.
FEATURES:
 Manage Transaction
 Stock-out
 Stock Return
 Stock Master
 Manage Customer
 Manage Users
 Manage Settings
 Generate Reports
 Analytics Reports
 Inventory Reports
 Sales Reports
 Login and Logout

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