An Inventory Management System ( e-Ventory)

Abstract

The Internet today is growing as a prototype of the Information Highway; as a research tool; as open for business; as a place where one can communicate with other. With the advancements in technologies and ever-increasing shortage of time there grew the concept of e-Commerce, which is the business process of selling products, goods , and services over the web. e-Ventory is an inventory management system which uses the concept of e-Commerce to provide the users all the services for improving the efficiency of their business. The system is meant for the widely used commercial inventories, and helps to manage the coordination between the manufacturer, the stockist and the retailer for the sale of a product. In this cyclic system the manufacturer sends the product to stockist either on stockist demand or when a preset threshold level is reached. The retailer is also provided with the product whenever its own threshold level is reached or demanded. The threshold level varies from market to market.