Centralized Inventory Management System

Abstract

The Centralized Inventory Management System (CIMS) is an integrated solution designed to support organization with multiple warehouse locations with an advanced solution for managing inventory. This system eliminates the previous, independent, branch inventory systems and enables branches to share real time information about inventory, which increases accuracy, transparency, and functionality. Developed on PHP and Laravel Framework, CIMS can help improve inventory update, stock transfer as well as order handling through minimal human interference. This means that the system enables the administrators to control stock throughout the branches, record sales, and check the amount of stock as well as the performance of the stores from the convenience of their interface. Additionally, with access to real-time data, decision-making becomes more informed, resulting in better resource management. This project solves the main issues in the organization, such as the ineffective manual register, the slow processing time, and the lack of transparency of stocks and sales. This project seeks to improve the operation efficiency and reduce inventory related problems such as stock outs, over stocking and manual errors.