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Introduction The project aims at developing an inventory management system using the C language that enables an organization to maintain its inventory. The project demonstrates the creation of a user interface of a system, without the use of C graphics library. The application uses basic C functions to generate menus, show message boxes and print text on the screen. To display customized text with colors and fonts according to application requirements, functions have been created in the application, which fetch the exact video memory address of a target location, to write text at the particular location. The application also implements the concept of structures to define the inventory items. It also effectively applies various C concepts, such as file operations, looping and branching constructs and string manipulation functions.
Inventory management is primarily about specifying the size and placement of stocked goods. Inventory management is required at different locations within a facility or within multiple locations of a supply network to protect the regular and planned course of production against the random disturbance of running out of materials or goods. Inventory management involves a retailer seeking to acquire and maintain a proper merchandise assortment while ordering, shipping, handling, and related costs are kept in check. Systems and processes that identify inventory requirements, set targets, provide replenishment techniques and report actual and projected inventory status. Handles all functions related to the tracking and management of material. This would include the monitoring of material moved into and out of
movement and storing brings in economies of scale. iv) Inventory forecasting. iii) Asset management.Inventories are maintained as buffers to meet uncertainties in demand. So bulk buying. cycle counting support etc.The time lags present in the supply chain. 3. v) Inventory valuation. 2. Scope of Inventory management system The scope of inventory management includes:i) Fine lines between replenishment lead time. with the primary objective of determining/controlling stock levels within the physical distribution function to balance the need for product availability against the need for minimizing stock holding and handling costs. . Economies of scale . ii) Carrying costs of inventory. when he needs it" principle tends to incur lots of costs in terms of logistics. 3. thus inventory. lot tracking. Uncertainty . Need for Inventory management There are three basic reasons for keeping an inventory: 1. Management of the inventories. supply and movements of goods." 2.stockroom locations and the reconciling of the inventory balances. vi) Inventory visibility.Ideal condition of "one unit at a time at a place where a user needs it. requires that you maintain certain amounts of inventory to use in this "lead time. Time . from supplier to user at every stage. Also may include ABC analysis.
By integrating accurate demand forecasting with inventory management. this allows for inventory to be in proportion to expected short-term sales or consumption rather than to past averages. inventory that would be left over of another product when the first product runs out.e.Future inventory price forecasting. The primary optimal outcome is to have the same number of days' (or hours'. while at the same time balancing out the inventory supply of all products to make their inventories more proportional. viii) Physical inventory. . there is no "excess inventory. replenishment inventories can be scheduled to arrive just in time to replenish the product destined to run out first. x) Quality management. and thereby closer to achieving the primary goal. In such a case. xi) Replenishment.) worth of inventory on hand across all products so that the time of run out of all products would be simultaneous. i. Integrating demand forecasting into inventory management in this way also allows for the prediction of the "can fit" point when inventory storage is limited on a per-product basis. vii) 4." that is. etc. to the product that just ran out. ix) Available physical space for inventory. The secondary goal of inventory proportionality is inventory minimization. Purpose Inventory proportionality is the goal of demand-driven inventory management. xii) Returns and defective goods and demand forecasting. Accurate demand forecasting also allows the desired inventory proportions to be dynamic by determining expected sales out into the future. a much more accurate and optimal outcome. Excess inventory is sub-optimal because the money spent to obtain it could have been utilized better elsewhere.
inventory proportionality is used effectively by just-in-time manufacturing processes and retail applications where the product is hidden from view. these storage tanks have a maximum capacity and cannot be .To view the current item information.g. iv) View Stock Report: . v) Issue Items from stock:. and differentiated from the "trigger point" systems where the technique of inventory proportionality is most appropriate for inventories that remain unseen by the consumer.5. One early example of inventory proportionality used in a retail application in the United States is for motor fuel.Update the item availability and to select items that is to be ordered. unwanted or stale. gasoline) is generally stored in underground storage tanks. Applications Old. nor need they care. vii) Close the application. vi) View Items to be Ordered:. Modules i) Add an Item:. Motor fuel (e.Specifying the items to be issued from the inventory.. 6. Additionally.To close the current user activity and the application. The motorists do not know whether they are buying gasoline off the top or bottom of the tank. ii)Show item information:. ii) Edit Item Information:-Here item information are updated.To keep track of the amount of items in inventory.this option enables us to add item list in the inventory. As opposed to "keep full" systems where a retail consumer would like to see full shelves of the product they are buying so as not to think they are buying something product is reordered when it hits a certain level.
This application for motor fuel was first developed and implemented by Petrol Soft Corporation in 1990 for Chevron Products Company. in proportion to the sales of each grade.Navthe . each stored in dedicated tanks. so it is simply cash sunk (literally) into the ground. Inventory proportionality is used to balance the inventories of the different grades of motor fuel. 7. Most major oil companies use such systems today. Finally. Excess inventory is not seen or valued by the consumer. the product is expensive. References i) Programming in ANSI C ( fourth edition) E Balagurusamy ii) Fundamentals of database systems (fifth edition) Ramez Elmasri Shamkant B. Inventory proportionality minimizes the amount of excess inventory carried in underground storage tanks.overfilled.
Dulley Mullo Membership no.:.SD-194756 DIPIETE (CS) .SYNOPSIS ON “INVENTORY MANAGEMENT SYSTEM” SUBMITTED BY: .
THE INSTITUTE OF ELECTRONICS AND TELECOMMUNICATION ENGINEERS NEW DELHI .