Inventory management is the active control program which allows the management
o f sales, purchases and payments. Inventory management software helps create
invoices, purchase orders, receiving lists, payment receipts and can print bar coded labels. An inventory management software system configured to ware house, retail or product line will help to c reate revenue for the company. The petroleum refining industry has effectively embraced the software solutions to optimize the business supply chain to maximize the profit margins and create order in the chaos of numerous opportunities and challenges. The supply chain o f a typical petroleum refining company involves a wide spectrum of activities, s tarting from crude purchase and crude transportation to refineries, refining ope rations, product transportation and finally delivering the product to the end us er.