INDIRA COLLEGE OF ENGINEERING AND MANAGEMENT

Approved By AICTE New Delhi, DTE (MS) and Affiliated to Pune University (Id-No. PU/PN/Engg/282/2007)

Department of Computer Engineering

PROJECT SYNOPSIS
ON

Office - Store Integration Management System

Submitted

BY

Mungase Yogesh Arjun 72152187J

Vandargunde Abhijit Sidram 72201932H
Ghadge Prasad Shriram 72152143F
Phalke Om Bipin 72152190J
B.E
IN
COMPUTER ENGINEERING

Project Guide HOD

(Prof. Shwetkranti Taware) (Dr. Soumitra Das)
1. Aim
For any business Inventory is one of the most important departments that must be well
managed in order to run daily business activity smoothly. But mostly business is not able to
manage inventory as they do not have good computerized system.

2. Introduction
Inventory refers to all the goods, items and materials purchased or manufactured by business
for sale to the customer to make profit.
Inventory management is all about tracking and controlling of business inventory right from
manufacturing, buying to storing and using. It controls the entire flow of goods from
purchasing to sale and ensures that you always have the right quantities of the right item in the
right location at the right time.

Inventory Management System is an application which refers to Inventory Management

developed for small business. It can be used by business to manage Inventory using a
computerized system where they can manage details of purchase, sale, products and
customers. They can also analyze data by visualization.

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3. Literature Survey

No Author Title Publication Summary

Year
“A Review on Recent 2019 Provides an extensive
Ofori-Beaten Advances in Inventory overview of various inventory
1 G, Management “ management techniques,
Dobbie.G including JIT, EOQ and ABC
analysis

The inventory of raw The cost of purchasing raw

materials from 2015 to 2016 materials, the use of raw
2019
has annually decreased raw materials, the cost of the order,
2 Candra
material inventories the ordering of storage costs,
the level of raw material
requirements

Mukhopadhya 2020 Discusses emerging trends in

3 y, S., and “Emerging Trends in inventory management,
Maity, Inventory Management: A including green supply chain
A Review” practices, omni-channel
retailing, and the impact of
e-commerce on inventory
strategies

Focuses on inventory
2019
“Inventory Management in management challenges and
Mukherjee,
4 Healthcare” best practices in the healthcare
S.,
sector, emphasizing the critical
And Hossain, role of accurate inventory
M. control in patient care.

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4. Motivation
• Inventory Management: Efficiently tracking and managing inventory is critical for any store
or office. A management system can help maintain optimal stock levels, reduce overstock or
understock situations, and minimize financial losses due to inventory mismanagement.
• Order Management: Efficiently processing and tracking orders is essential for customer
satisfaction. A system can automate order processing, reduce errors, and provide customers
with order status updates, enhancing overall service quality.
• Loss Prevention: Effective inventory tracking can help identify and prevent theft or
shrinkage. The system can generate alerts for unusual inventory discrepancies, reducing the
risk of losses.
• Scalability: As a business grows, it becomes increasingly challenging to manage operations
manually. A scalable management system can adapt to the changing needs of the business,
accommodating new products, locations, and customers.

5. Challenges
• Technology Integration:
Integrating various software and hardware systems, such as point-of-sale (POS) systems,
accounting software, and customer relationship management (CRM) tools.
• Supply Chain Management:
Ensuring a smooth supply chain, including procurement, distribution, and logistics. Dealing
with supply chain disruptions, such as delays or shortages.
• Budget Constraints:
Managing the cost of implementing and maintaining management systems. Balancing budget
constraints with the need for technology upgrades.

6. Objectives of the Project

The objective of project is to build an application program to:

• Provide function to manage goods in the store more efficiently.

• Provide searching facility based on various factors.
• Reduce time and cost to control and manage inventory.
• Reduce paperwork.
• Increased accuracy and reliability.
• Increased Data Consistency.
• Increased Data security.

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7. Scope of the Project
This application program can be used easily by non-programming personals.
Managing all products, sufficient stocks, sale and purchase records and analyzing sales is a
tedious job for any business. To do it more effectively and correctly a good Inventory control
is required. This is provided by our application which have following scope:

• ensures effective inventory control

• manage daily sales records easily and precisely
• can perform sales analysis of various products
• user friendly interface
• very easy to use
• High level security of data.

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8. Proposed Methodology (System architecture and Module details)
Block Diagram-Example

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 Software requirement
Sr. Component Specifications
No.
1 Operating System Windows 7 or 11
2 Technology Java, Web
development
, Rest API
3 Tool Vscode, Git
4 Database MongoDB
5 Server AWS

Hardware requirement
Sr. Component Specifications
No.
1 Processor Minimum 1GHz
2 Memory Minimum 1GB
RAM
32GB ROM
3 Network Interface WIFI or LAN

9. Contribution of the project to the field of Technology and Society

Inventory management allows you to track the acquisition, storage and sales of your products
at every stage to ensure product availability and optimize production costs. It helps businesses
keep track of their stock levels, so they can make informed decisions about how much to
produce and when.

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 10.Limitations
• Initial Cost: Implementing an office and store management system can be expensive. The
cost includes software licensing, hardware infrastructure, and often customization to fit the
organization's specific needs. Small businesses may find these costs prohibitive.
• Complexity: These systems can be complex to set up and manage. Employees may require
training to use the software effectively, and ongoing maintenance can be time-consuming.
• Integration Challenges: Integrating the office and store management system with existing
software and systems can be challenging. Incompatibility issues may arise, causing data
discrepancies and workflow disruptions.
• Scalability: Some systems may not easily scale with the growth of the organization. Adding
new features or accommodating a larger number of users may require significant
customization or even a complete system overhaul.
• Security Risks: Storing sensitive data, such as customer information and financial records,
within these systems can pose security risks. Data breaches and unauthorized access can have
severe consequences

11.Project Plan

12.Conclusion
This Inventory Management System is a simple desktop-based application basically suitable
for small organization. It has all basic elements which are used for managing inventory of
small organization. We are successful in making the application where we can insert, delete,
update, search and analyze records as per need. This application also provides a report
including chart of sales records to analyze the performance. We strongly believe that he
implementation of this system will surely benefit the organization.

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 13.References
• J. Tiemann, A. Ramsey, and C. Wietfeld, “Enhanced UAV indoor navigation through SLAM-
augmented UWB localization,” in Proc. IEEE Int. Conf. Commun. Workshops (ICC
Workshops), May 2018, pp. 1–6.
• W. Kwon, J. H. Park, M. Lee, J. Her, S.-H. Kim, and J.-W. Seo, “Robust autonomous
navigation of unmanned aerial vehicles (UAVs) for Warehouses’ inventory application,” IEEE
Robot. Autom. Lett., vol. 5, no. 1, pp. 243–249, Jan. 2020.
• J. A. E. Andersson, J. Gillis, G. Horn, J. B. Rawlings, and M. Diehl, “CasADi: A software
framework for nonlinear optimization and optimal control,” Math. Program. Comput., vol. 11,
no. 1, pp. 1–36, Mar. 2019.
• Buffi et al., “UHF-RFID localization: The problem of antenna phase center in phase-based
methods,” in Proc. 13th Eur. Conf. Antennas Propag. (EuCAP), Mar. 2019

• www.geeksforgeeks.org
• www.ncert.co.in
• www.W3school

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