Project Work Class X - Web
Project Work Class X - Web
IT (402) Class X
Project Work File
On
Inventory Control System
(Session 2021-22)
ACKNOWLEDGEMENT
It gives me immense pleasure to present this report
ACHIVEMENT CERTIFICATE
Date:
INDEX
TOPIC PAGE NO
OpenOffice Base Project Database
Table Structure
# Item
# Suppliers
# Transactions
Report
Bibliography
Introduction:
Synopsis (For Reference Purpose only)
Inventory Control System
Inventory control or stock control can be broadly defined as "the
activity of checking a shop's stock." It is the process of ensuring that the
right amount of supply is available within a business. However, a more
focused definition takes into account the more science-based, methodical
practice of not only verifying a business' inventory but also maximizing
the amount of profit from the least amount of inventory investment
without affecting customer satisfaction. Other facets of inventory control
include forecasting future demand, financial flexibility, purchasing data,
loss prevention and turnover, and customer satisfaction.
An extension of inventory control is the inventory control system. This
may come in the form of a technological system and its programmed
software used for managing various aspects of inventory problems, or it
may refer to a methodology (which may include the use of technological
barriers) for handling loss prevention in a business. The inventory control
system allows for companies to assess their current state concerning
assets, account balances, and financial reports.
taken.
For instance, in a departmental store, many items are kept and sold. When
these items are sold out, the store orders for more quantity so as to meet
the customers' demands.
In order to successfully manage the departmental store, the authorities
have to decide about various things like
(i) What all items are being sold every day and how much stock is left for
them.
(ii) If the stock for a particular item is below reorder level i.e., the
minimum stock maintained for an item, then the same item is reordered.
(iii) When an item is sold, the quantity sold out is subtracted from the
Stock in Hands i.e., the current stock so as to keep it updated.
(iv) Similarly, if some quantity for an item is purchased, then this quantity
is added to Stock in Hands to keep the stock updated.
In order to make such decisions, the information related to inventories i.e.,
the products and their transactions is stored in files. Following sample
project is based on these guidelines.
In this project, we have created three tables namely Items, Supplier, and
Transactions table design of these tables are as follows:
** Source : Google
Table Structure
TrDate Date[DATE]
PrID Number [NUMERIC];
Creating Database :
Table 1 Item:
Generate Report: