Inventory

System Analysis
Made by Team 5

Shreyas (17BME0083)
Aditya (17BME0698)
Sai Bhargav(17BME0651)
Harshal (17BME0758)
Venu (17BME0971)
Aabhas (17BME0690)
Problem statement

To conduct the inventory survey of cosmetic items in Health and Glow.

We will further divide each items into various subtypes (Brands, Sizes).
We will take the demand for the items from the officials there.

To simulate the cycle of inventory stock, indicating shortages,

backorders etc.
 The project consists of a Analyse the system Improve the result upon
simulation of a cosmetic performance and recommend implementation of the
inventory system for a duration corrections in the system. recommendations.
of 3 months.

Scope of the
project
This would further help them
to have a monopoly over the
other existing supermarkets in
the locality.
Also, turning towards
digitalization and simulation
systems will improve the
working system and avoid the
errors thereby developed
during the procedure.
Expected Outcomes
THE RAW MATERIAL HANDLING AND THE PROCESSING
TIME THUS REQUIRED FOR THE SAME CAN BE FOUND OUT
EASILY AND SCALED ACCORDINGLY TO REDUCE THE COSTS
AND TRANSPORTATION TIME.
THE EFFICIENCY HENCE FOR ALL THE REQUIRED ALSO, THE TRACING OF THE PRODUCTS TRANSPORTING TO
PARAMETERS, THUS CAN BE IMPROVED IMMENSELY. THE THE SYSTEM CAN BE FOUND OUT.
REAL-TIME VALUES AT A PARTICULAR TIME FOR THE
RESPECTIVE OBJECTS AND THE FINANCIAL ANALYSIS HENCE
CAN BE OBTAINED.
 • The retail store we are planning on visiting is Health
and Glow which is a retail cosmetic store which
caters to multiple sections of society, of multiple
Details of brands, for multiple occasions and of multiple
variety.
industry • The data to be collected is from one of the
managers of Health and Glow store.
Health and Glow
What began in 1997, has only grown by
foundation, service, and meaning. With its
high-quality products and absolute
attention to detail in service, they have
crafted a niche for themselves in the
industry and the hearts of its customers.
Today, it has emerged as one of the largest
networks of beauty and wellness products
with over 160+ stores across Bengaluru,
Chennai, Hyderabad, Cochin, Mumbai,
Pune, Kolkata, Bhubaneswar, Mangalore,
Manipal, Coimbatore and more.
 Timeline

01-09-2020 06-09-2020 11-09-2020 16-09-2020 21-09-2020 26-09-2020 01-10-2020 06-10-2020 11-10-2020 16-10-2020 21-10-2020

Data collection

Data Visualisation

Methodology

Simulation
Preperartion

Modelling

Running Simulation

Analysing Results
Thank You