Stock inventory system

Abstract

The Inventory Management System is a real-time inventory database capable of connecting multiple stores. This can be used to track the inventory of a single store or to manage the delivery of stock between several branches of a larger franchise. However, the system merely records sales and restocking data and provides a warning of low stock at any location through email at a specified interval. This project is aimed to develop a web-based application named Inventory Management System for managing the inventory system of any organization. The Inventory Management System (IMS) refers to the system and processes to manage the stock of an organization with the involvement of a Technology system. This system can be used to store the details of the inventory, stock maintenance, update the inventory based on the sales detail and generate sales and inventory reports daily or weekly basis. This project is categorizing individual aspects of the sales and inventory management system. In this system, we are solving different problems affecting direct sales management and purchase management. An inventory management System is important to ensure quality control in businesses that handle transactions revolving around consumer goods. A large retail store may run out of stock on an important item without proper inventory control. A good inventory management system will alert the wholesaler on Mobile Phone when it is time to record. An inventory Management System is also an important means of automatically tracking large shipments. An automated Inventory Management System helps to minimize errors while recording the stock.