Nepal is a country located in South Asia bounded by China and India. It has diverse geography, ethnicity, language, and culture. In recent decades, Nepal has emerged onto the global stage through modernization and the growth of supermarkets. Supermarkets in Nepal now handle thousands of food and non-food items and provide a one-stop shopping experience for consumers. Inventory management systems help companies efficiently manage materials flow, utilize resources effectively, coordinate activities internally, and communicate with customers by providing key information to decision makers. The goal is to optimize total inventory investment and meet customer service targets at minimum cost.
Nepal is a country located in South Asia bounded by China and India. It has diverse geography, ethnicity, language, and culture. In recent decades, Nepal has emerged onto the global stage through modernization and the growth of supermarkets. Supermarkets in Nepal now handle thousands of food and non-food items and provide a one-stop shopping experience for consumers. Inventory management systems help companies efficiently manage materials flow, utilize resources effectively, coordinate activities internally, and communicate with customers by providing key information to decision makers. The goal is to optimize total inventory investment and meet customer service targets at minimum cost.
Nepal is a country located in South Asia bounded by China and India. It has diverse geography, ethnicity, language, and culture. In recent decades, Nepal has emerged onto the global stage through modernization and the growth of supermarkets. Supermarkets in Nepal now handle thousands of food and non-food items and provide a one-stop shopping experience for consumers. Inventory management systems help companies efficiently manage materials flow, utilize resources effectively, coordinate activities internally, and communicate with customers by providing key information to decision makers. The goal is to optimize total inventory investment and meet customer service targets at minimum cost.
Nepal is a country located in South Asia bounded by China and India. It has diverse geography, ethnicity, language, and culture. In recent decades, Nepal has emerged onto the global stage through modernization and the growth of supermarkets. Supermarkets in Nepal now handle thousands of food and non-food items and provide a one-stop shopping experience for consumers. Inventory management systems help companies efficiently manage materials flow, utilize resources effectively, coordinate activities internally, and communicate with customers by providing key information to decision makers. The goal is to optimize total inventory investment and meet customer service targets at minimum cost.
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The key takeaways are that Nepal has diverse geography and the supermarket industry in Nepal has grown significantly.
The three main areas of concern for inventory management are acquisition, redeployment, and termination of assets.
The steps involved in acquiring new equipment are establishing acquisition procedures, using purchase orders to track purchases, and creating master inventory records once equipment is installed.
CHAPTER I: INTRODUCTION
1.1 Background of the Study:
Nepal is highly synchronized country in term of geography, ethnicity, language and culture. Nepal is bounded by the Tibet region of China on the north and India on the south, east, and est. It as cut off from the rest of the orld until the early !"#$s, hen a palace re%olution and the subse&uent o%erthro of the autocratic 'ana dynasty marked the beginning of Nepal(s emergence into the modern orld. )eographically, the country is di%ided in three reasons: *ountain, hill and terai. There are # de%elopment reason and +# administrati%e. ,istricts are further di%ided into smaller units called -illage de%elopment committee .-,C/ and *unicipality. The 0imalayas co%er the northern third of the country from east to est, bordering china to their south lies a long east1est stretch of loer mountains .the hilly reason/ hose southern flanks flatten into the Terai, a fertile, sub tropical plan spanning the border ith India. 2ith in short span of time Nepali Supermarkets has groth significantly both in terms of business %olume and the size of markets. 3fter the establishment of Supermarkets Nepali business house is e4pose different type of product. Self1ser%ice stores that are the predominant type of retail outlet for food products in the Nepal. 3n a%erage supermarket handles thousands of edible items including meat, fresh fruits and %egetables, dairy products, canned groceries, bakery items, delicatessen, and frozen foods. Some also carry items such as seafood and li&uor. Non edibles found in supermarkets include household cleaners, paper products, health and beauty aids, and house ares. The markets are located in shopping centers, neighborhood areas, business centers, and along highays. *oreo%er, the general consumer appeal of the supermarket concept5large size, self1 ser%ice, %ariety of merchandise, one1stop shopping, ample parking, and lo prices ensured their groth. The building of such stores in suburban areas as important in the de%elopment of the retail comple4es that came to be knon as shopping centers, or malls. ! !.!.! Introduction to In%entory *anagement System 1.1.1.1 ,efinition In%entory *anagement is an enterprise1ide discipline concerned ith the identification and tracking of Information Ser%ices .IS/ hardare and softare assets. Its three main areas of concern are:
i/ Acquisition ii/ Redeployment iii/ Termintion Figure 1.1. Asset Management phases and operations Source: .dcag.com 6 !ster In"entory #or$ Order %er"ice Order Relese &orm #or$ Order &innce &orm Purc'se Order Redy(to(%ell In"entory Pic$(Up )ist Equip. Type: Disp: )oction: PC A *ld+ ,- Rm ./, PC R *ld+ 1- Rm 0/1 PC T *ld+ .- Rm 1/1 Cn 2e sorted 2y: Equipment Type- Disposition- nd )oction Pic$(Up )ist Equip. Type: Disp: )oction: PC A *ld+ ,- Rm ./, PC R *ld+ 1- Rm 0/1 PC T *ld+ .- Rm 1/1 Cn 2e sorted 2y: Equipment Type- Disposition- nd )oction #re'ouse In"entory Pic$(Up In"entory %trt Acquire Equipment Re(deploy Equipment Terminte Equipment Purc'se Order Instll Equipment Add to !ster In"entory Compre to !ster In"entory End Per3orm %er"ices Disposition 4 5A6 Disposition 4 5R6 Disposition 4 5T6 N- E7ceptions )ist 8enerted 9 Arc'i"e %er"ice Order Equipment is 2ein+ Acti"ely used Equipment is mo"ed to ne: loction Equipment is %old or Disposed o3 !r$etin+ ; %les i< Acquisition procedures are established to assist personnel in procurement of softare and hardare products. Its main purpose is to ensure that proper 7ustifications are performed and that financial guidelines are folloed. 3c&uisitions re&uire 89urchase :rders; to track and authorize the purchase, hile the actual installation of e&uipment is performed by the Infrastructure or <acilities *anagement ,epartment. :nce added to the en%ironment, a *aster In%entory record is created to describe the nely added e&uipment and its components In%entory records can be used to calculate the resale price of e4isting e&uipment, hen planning for an upgrade = replacement or reduction in size. ii< Redeployment procedures are responsible for ensuring that assets are tracked hen mo%ed from one location to another and that budgetary considerations are ad7usted as needed. Should a product be mo%ed in from its original oner, then the In%entory System is updated to reflect the ne location and oner. In this case, the old product is deleted from the original oner>s budget and added to the ne oner>s budget. If e&uipment is being deployed from one person, or location, to another, then a data ipe operation must be performed to insure that sensiti%e business, personal and=or medical information has been deleted. If data iping procedures are not performed in accordance to ,epartment of ,efense standards, then the company is open to legal and ci%il penalties as defined in a number of las. 'edeployment re&uests can generate transportation acti%ity .pick1up and deli%ery of e&uipment/, facilities management acti%ity .disconnecting de%ice, data ipe, reconnecting de%ice, etc./, in%entory management update, and ser%ice acti%ities associated ith the de%ice.s/ being mo%ed.
iii< Termintion is responsible for deleting the asset from the in%entory hen it is discontinued, or replaced. The oner>s budget ill be updated to reflect the asset termination and the asset ill no longer be listed hen location reports are generated. 2hene%er e&uipment is being terminated .e%en if for donation to charities or employees/ a data ipe operation must be performed to eliminate any sensiti%e information from the hard dri%e. 3dditionally, a certified %endor must be utilized to insure that the computers ? components are disposed of in an en%ironmentally friendly manner. This scrapping process must be certified, so that legal and ci%il penalties are no longer the responsibility of the terminating firm but rather the scrapping organization 1.1.1.. Purpose o3 In"entory !n+ement In%entory management must tie together the folloing ob7ecti%es, to ensure that there is continuity beteen functions: = Compny6s %trte+ic 8ols = %les &orecstin+ = %les ; Opertions Plnnin+ = Production ; !terils Requirement Plnnin+. In%entory *anagement must be designed to meet the dictates of market place and support the company(s Strategic 9lan. The many changes in the market demand, ne opportunities due to orldide marketing, global sourcing of materials and ne manufacturing technology means many companies need to change their In%entory *anagement approach and change the process for In%entory Control. In%entory *anagement system pro%ides information to efficiently manage the flo of materials , effecti%ely utilize people and e&uipment, coordinate internal acti%ities and communicate ith customers. In%entory *anagement does not make decisions or manage operations@ they pro%ide the information to managers ho make more accurate and timely decisions to manage their operations. Traditional Supply Chain solutions such as *aterials 'e&uirement 9lanning, In%entory Control, typically focuses on implementing more rapid and efficient systems to reduce the cost of communicating information beteen and across the In%entory links in the SC*.C:* focuses in optimizing the total in%estment of materials cost and orkload for e%ery In%entory item throughout the chain from procurement of ra materials to finished goods In%entory. :ptimization means pro%iding a balance of supply to meet the demand A at a minimum total cost , In%entory le%el and orkload to meet customers ser%ice goal for each items in the link of In%entory Chain. It is strategic in the sense that top management sets goals. These include deployment strategies .9ush %ersus 9ull/ , control policies , the determination of the optimal le%els of order &uantities and reorder points and setting safety stock le%els . These le%els are critical, since they are primary determinants of customer ser%ice le%els. Beeping in %ie all concerns, the latest concept of -endor *anaged In%entory is used to optimize the In%entory. 2e are entering into -*I .-endor *anaged In%entory/, 3nnual 'ate Contracts ith manufacturers or their authorized dealers, ho maintain In%entory on our behalf and supply the items as and hen re&uired. -*I reduces stock1outs and optimize in%entory in supply chain . Some features of -*I include: = %'ortenin+ o3 %upply C'in = Centrli>ed &orecstin+ = &requent communiction o3 in"entory- stoc$(outs nd plnned promotions = Truc$s re 3illed in prioriti>ed order - e.g. items that are e4pected to stock out ha%e top priority then items that are furthest belo targeted stock le%els then ad%ance shipments of promotional items ,espite the many changes that companies go through, the basic principles of In%entory *anagement and In%entory Control remain the same. Some of the ne approaches and techni&ues are rapped in ne terminology, but the underlying principles for accomplishing good In%entory *anagement and In%entory acti%ities ha%e not changed. The In%entory *anagement system and the In%entory Control 9rocess pro%ides information to efficiently manage the flo of materials, effecti%ely utilize people and e&uipment, coordinate internal acti%ities, and communicate ith customers. In%entory # *anagement and the acti%ities of In%entory Control do not make decisions or manage operations@ they pro%ide the information to *anagers ho make more accurate and timely decisions to manage their operations. The basic building blocks for the In%entory *anagement system and In%entory Control acti%ities are: =Sales <orecasting or ,emand *anagement =Sales and :perations 9lanning =9roduction 9lanning =*aterial 'e&uirements 9lanning =In%entory 'eduction The emphases on each area ill %ary depending on the company and ho it operates, and hat re&uirements are placed on it due to market demands. Cach of the areas abo%e ill need to be addressed in some form or another to ha%e a successful program of In%entory *anagement and In%entory Control. In%entory is usually a distributor(s largest asset. But many distributors aren(t satisfied ith the contribution in%entory makes toards the o%erall success of their business: D The rong &uantities of the rong items are often found on arehouse shel%es. C%en though there maybe a lot of surplus in%entory and dead stock in their arehouse.s/, backorders and customer lost sales are common. The material a distributor has committed to stock isn(t a%ailable hen customers re&uest it. D Computer in%entory records are not accurate. In%entory balance information in the distributor(s e4pensi%e computer system does not accurately reflect hat is a%ailable for sale in the arehouse. D The return on in%estment is not satisfactory. The company(s profits, considering its substantial in%estment in in%entory, is far less than hat could be earned if the money E ere in%ested elsehere the system integrates the idea to manage the in%entory automatically@ meanhile it can generate sales report, in%entory report, etc. To users, the system can pro%ide instant information about all in%entory items. Therefore users ho manage stock le%el can immediately sol%e any shortage problems, since the system pro%ides easy1to1use interface for users to see in%entory le%els. By recording daily sales, the system updates in%entory constantly ith the help of database management system running as the back end. <ig !.6 3rrangement structural design
Source: compiled field sur%ey 6$!$ 1.1.1., In"entory !n+ement Present: !. Fp1to1date information about data processing resources through the creation and archi%ing of records in a centralized repository. 6. <inancial records specific to a single component, or groups of components. ?. Component Status Indicators to identify a component as 3cti%e .3/, 'edeployed .'/, ,onated .,/, or Terminated .T/. A. Component Criticality definition .!1#, ith ! being most critical/. + #. Ser%ice records for all components in the in%entory. E. ,ata used to support configuration diagrams of the hardare and softare components contained ithin specific locations, or the entire data processing en%ironment. The mission of an In%entory *anagement System is to pro%ide a Central 3sset 'epository of information used to define assets and relate the asset to its@ oner, location, and relati%e importance. This information ill pro%ide personnel ith data needed to support their 7ob functions, for e4ample: &cilities !n+ement ill be able to plan 0eating, -entilation and 3ir Conditioning .0-3C/ re&uirements, as ell as poer and floor space needed to support e&uipment listed in 3sset 'epository for a specific location. To also perform the functions needed to adhere to legal, en%ironmental, business, and regulatory re&uirements associated ith e&uipment redeployment and termination. &inncil %er"ices ill be able to budget for asset procurement, depreciate assets o%er time, and complete ta4 documents. 3 report of e&uipment and their resale %alue can be used to aid in planning e&uipment upgrades and to reduce the 8Total Cost of :nership; associated ith e&uipment. Contrcts !n+ement ill be able to negotiate %endor discounts and enterprise agreements. 3dditional %endor agreements may be re&uired to support transportation and arehousing, e&uipment ser%ice and reconfiguration re&uirements, data ipe ser%ices and products, buyers, and scrap dealers. Contin+ency Plnnin+ personnel ill be able to de%elop reco%ery plans for mainframe and office assets contained ithin the In%entory System, based on the assets relati%e importance .as stated ithin the Criticality field/. Surplus e&uipment may be utilized to support reco%ery operations, if needed. Tec'nicl personnel ill be able to resol%e problems more &uickly ith the information contained ithin the In%entory System, because they ill ha%e a listing of the assets contained ithin a location. BS* ha%e the I*S should be integrated ithin the e%eryday functions performed by personnel associated ith entering and maintaining asset information. The system ill reduce the effort de%oted to asset G management, hile supplying many personnel ith the information they need to perform their functional responsibilities. 1.. Introduction to t'e Or+ni>tion In 7ust 6# years Bhat1Bhateni has gron from a Hsingle shutter( !6$ s&. ft. cold store to become the leading supermarket and departmental store chain in Nepal, and the highest ta4 payer in the sector for the last fi%e consecuti%e years ith more than !$,$$$ customers daily. There are currently to stores con%eniently located in central Bathmandu and *ahara7gun7, and a further fi%e stores are due to open in the ne4t three years in Bathmandu and across Nepal.
Bhat1Bhateni offers a full range of "$,$$$ products from #$$ local and international suppliers, including a ide range of groceries, fresh fruits and %egetables@ a broad range of leading international li&uor, toiletries and cosmetics brands@ and an e4tensi%e choice of kitchenare, clothing, sports, toys and electrical items. <urthermore, both premises include e4cellent %alue 7eellery stores that offer a ide range of gold and sil%er ornaments in both traditional and modern styles. Bhat1Bhateni stores offer a uni&ue shopping e4perience for customers in Nepal folloing the international Hhypermarket( format. The ground floor offers a ide range of fresh food " and %egetables and a broad range of leading international Ii&uor, Toiletries and Cosmetics brands. The remaining floors offer a ealth of choice including Bitchenare, Clothing, Sports J Toys and Clectricals, ith con%enient escalators and air1conditioning on all floors. The *ahara7gun7 superstore includes a shirting J suiting ser%ice and a promotional area to display carefully selected promotions. In addition, furniture J fi4tures is a ne e4citing offering being introduced in 6$$" in both stores. Both premises benefit from the co1location of an e4cellent %alue 7eellery stores that offer a ide range of gold and sil%er items in both traditional and modern ornaments. 1., Are o3 t'e %tudy The In%entory *anagement discipline encompasses all system and data netork elements from the mainframe to the ser%er le%el throughout the enterprise. 3ll mainframe and data netork based hardare and softare assets must be identified and entered into the In%entory System. 3ny changes to these en%ironments must be reflected in the IS. <inancial and technical product information must be a%ailable through the In%entory System, as needed to support the functional responsibilities of personnel ithin the finance and contracts management departments. 3sset criticality must be included ith asset descripti%e and financial information, so that the 'eco%ery *anagement department is supplied ith the information it re&uires. 'eco%ery actions must be implemented to safeguard critical assets. 3sset status must be included in the In%entory *anagement system, so that the component can be ser%iced in adherence to legal, en%ironmental, business, and industry re&uirements. This process should be used to dri%e the facilities management department %ia form routing hen components change status from acti%e to redeploy, donate, and terminate, of scrap. 3n audit trail of acti%ities associated ith e&uipment status changes and associated actions must be maintained to certify actions and eliminate legal and ci%il e4posures.
!$ 1.0 Issues to 2e Address? @uestion to Ans:ered Cfficient processing and operations management start ith an integrated approach that links all facets of system management together. In%entory *anagement is 7ust one of the disciplines. Cach augments the other, and pro%ides the ability to effecti%ely manage a large systems en%ironment. The products and tools that comprise the In%entory *anagement System use data, -ital 9roduct ,ata, local configuration definitions and in some cases, disco%ery applications to arri%e at in%entory information. 3 lack of such data affects the other Systems *anagement disciplines ability to function. <olloing are the research &uestion for the study: !. 2hat is the main ob7ecti%e of the Bhatbhateni supermarket on holesale lendingK 6. 2hat kinds of challenges= issues specially the problem on the thiefK ?. 2hat is the criterion for pro%iding CC cameraK A. 0o is the internal controlling system on I*SK #. In hich ay organization attempting to e4tent for profit enhancementK E. 2hat is the share of retail lending in total stock pro%ided by the supermarketK 1.1 O2Aecti"es o3 study The general ob7ecti%es of report riting mainly comprise: enhancing the conceptual as ell as analytical knoledge related ith Bhat1Bhateni supermarket and their operating procedures, to obtain a practical knoledge about %arious organizational procedures and policies regarding the supermarket sector. Fltimately the report focuses on 8in%entory management system at Bhatbhateni supermarket;. The other ob7ecti%es of the report riting are as under. !. To analyze the in%entory management process of BBS* 6. To carry out the In%entory *anagement ,ata *odel of BBS* ?. To understand the Collecting, *onitoring and 'eporting ,ata of the organization A. To study the Interfaces Business <unction and System *anagement Interfaces during the in%entory management system #. To calculate the Cconomic :rder Luantity of BBS* !! E. To understand the terms and condition applied by supermarket for retail pro%ide. 1.B Need o3 t'e %tudy 3s the age of 6! st century supermarket is the fundamental part and package of the economic system of any country. Noadays nobody %isit different place for different item purchase but e%erybody keep it ith the supermarket. 0o much the supermarket system and facilities of market is de%eloped ithin the country determines the economic de%elopment of the country. The first and basic need of re%ision this topic about 8In%entory management system; is for the component of course re&uirement of degree of BB3 program, 8<ield 'eport 2riting; carrying !$$ marks. So in this field report riting I focused on the supermarket sector for folloing reasons: !. It is significant to identify all the products and product appearance supermarket to analyze the in%entory management system. 6. <or pro%iding general operation about the operation of the Bhatbhateni supermarket and for future reference for conducting more research ?. It is re&uired to kno the stock size of different fiscal years to make the relati%e study among the stock %olumes and sho the falling and increasing trends. A. The information about the target market helps to recognize the customers and consumers of the product of BBS*. #. :n the basis of suggestion and recommendation of the study, the corporation managing director can take actions for impro%ing the performance. E. <or achie%ement of necessity of # th semester of BB3 according to 9urbanchal Fni%ersity Curriculum
1.C Or+ni>tion o3 t'e %tudy 1.C.1. O"erll Or+ni>tion o3 t'e %tudy The generally report is di%ided into three chapters. In the 3irst c'pter, the historical background of the BBS*, introduction of the BBS*, ser%ices offered, organizational chart, marketing strategy etc of the BBS* is presented. The second c'pter is concerned ith the in%entory management system about the number of customer %isit by the !6 company for pre%ious fi%e financial years here trend line J bar1charts are used. Iastly t'ird c'pter pro%ides the summary, conclusion and recommendation of the o%erall field %isit. 1.C.. Reserc' met'odolo+y 'esearch methodology present to the %arious se&uential steps to accept by a researcher in studying .3 systematic method is re&uired to pick out an actual result for any type of study. Similarly, in this report also, there is certain method used. In this report, for the data collection method, both the primary as ell as secondary information has been used. The first step of the collection of necessary information and data from related field that is the collection from BBS* .the task ill be fulfilled by the collection of secondary data, from %arious published information and oral speeches. ,ata designing is an o%erall frameork outline of plan for performing the study. In this study analytical research and design ill be used for clearing the situation on the basis of presented data and analyzed systematically under specific ma7or heading so as to meet ob7ecti%e of the study. :n the other hand the accumulated data is e4plained analyzed and tabulated systematically. To achie%e the ob7ecti%e of the study descripti%e design has been used. G day field sur%ey as conducted on 13 February, 2010. The &uestionnaire sur%ey as conducted among the Dt Collection Information re&uired for the study as collected from the corporate department of BBS*. Concerned personnel of the respected department ere in contact. Both the primary and secondary sources of data ere collected for the preparation of this report. Primry Dt: The field data sheets and Luestionnaire schedule ere prepared for the collection of primary information. It is done by using folloing methods: &ield o2ser"tion: Iearned through obser%ation and spending too much time in BBS* !? @uestionnire met'od: I conducted &uestionnaire sur%ey to get further information about I*S. 3 total of !# indi%iduals ere inter%ieed ith the pre1 designed &uestionnaire schedule :ccasional discussion ith manager, staffs and other concerned officials ere also done. 9repared se%eral &uestionnaires and conducted se%eral inter%ies ith the appointed person of the respected field. !intinin+ interpersonl reltions'ip -isited the BBS* in order to ha%e an relationship ith different aspects of the supermarket 8roup discussion met'od *et ith the staff and had direct contact ith them for rele%ant information. Informal discussion ith the staffs of the supermarket %econdry Dt 9ublications J 7ournals. the boss, business age / Information(s from BBS*. ,irecti%es Collecting information from )oogle Information from ebsite of BBS* ebsite . bbsm.com.np/ .,cag.com= financial management book .%an horne and achoicz ,fundamenral of financial management / 1.C.,. )imittion o3 t'e %tudy i< Corporte policy BBS* is accurate to its customers. The supermarket maintains the faith of its customers and as not ready to leak out %aluable information e%en to its interns for any kind of publication. Thus, maintaining its secrecy policy. ii< Resource constrint !A Since there as lack of imitati%e in this field, no solid sur%ey has been conducted as such e as interns could ha%e conducted e4tensi%e sur%ey in the fields. 0oe%er, due to resource constraints e ere not able to do so. iii< Time constrint 3part from the research constraints, I needed ample time for conducting an e4tensi%e research and sur%ey hich could not be possible due to our time constraint of our e4am. C4am is knocking our door, and e should be ready for open it. I had to spend a month in the field gathering some first hand e4perience of supermarket i"< Competiti"e ed+e In today(s cut1throat competiti%e market, information is money and all the companies ha%e realized this fact and ould think tice before gi%ing aay any %aluable formation. Thus, e had limited information gathering and our research and report suffers some information insufficiency. !# CHAPTER II: PRE%ENTATION AND ANA)9%I% O& DATA ..1 In"entory !n+ement Process 2ithin the system area changes to the physical en%ironment are systematically reported through the integrated change process. This discipline incorporates all hardare and softare reconfigurations or updates. 3ll inputs to the centralized data base ill be sub7ect to the change process. The folloing to diagrams illustrate an o%er%ie of the In%entory *anagement process and the <lo ,iagram of the In%entory 9rocess respecti%ely. <igure No. 6.!: In%entory *anagement 9rocess
PROCE%% INPUT%: %er"ice )e"el !n+ement- Cpcity nd Per3ormnce !n+ement- C'n+e !n+ement- Pro2lem !n+ement- *tc' !n+ement- On()ine !n+ement- Reco"ery !n+ement Ne: Acquisition Asset Re(Deployment Asset Termintion Net:or$ Alert %ystem Re(Con3i+urtion In"entory Repository Dt *se Dt Center Record- %ystem Record- Hrd:re Record- %o3t:re Record- %er"ice Record- &inncil Record. %ystem !n+ement Assurnce Process On()ine Die:in+ Add ? Delete ? Edit R?O R?# Reports Hrd Copy- or "i on(line Disply To Con3i+urtion !n+ement Source: : .dcag.com !E ... In"entory !n+ement Dt !odel Figure 2.2 Inventory Management Data Model Dt Center Record %ystem Record Hrd:re Component %er"ice Record %o3t:re Component Hrd:re &inncil Record %o3t:re &inncil Record &etures &etures In"entory !n+ement Dt !odel Source: compiled field sur%ey 6$!$ The folloing items are re&uired from asset sources to support an integrated Configuration *anagement approach. 1. Dt Center Record: This record contains on1line information about the data processing centers, the system name, location codes, emergency phone numbers, managers, and contact names. The softare and hardare components and system records ill refer to this record. !+ .. %ystem Record: This record contains information relati%e to each processing system ithin the processing center. This record should contain the system names by I93', location codes, operator names, and support numbers. Softare and hardare components can refer to this record. ,. %er"ice Record: This record contains the ser%ice organization(s data. *aintaining ser%ice organization records is ad%antageous hen a user is displaying a record of a failing component. This record should contain the name, location, prime1shift phone number, off1shift phone number, hardare and softare representati%e(s name, and contact phone numbers, and a description of the ser%ice organization. 0ardare and softare components can refer to this record. 0. &inncil Record: 0elpful information in this record assists in arranty and ser%ice incidents. 0ardare financial records contain a user financial id, a financial type, and a description. <or softare records the same information is re&uired in addition to a license type record entry.
1. Hrd:re Component: <or hardare component records a consensus must be reached on the hardare types to be managed. 3 hardare model record for each hardare type ill be created and all common hardare components ill be entered using this template. This record should contain the folloing information: Component ID Product Num2er %eril Num2er 8eneric de"ice type !odel !nu3cturer O:ner Instll Dte )oction !G !intennce Dendor Contrct type Component sttus Component Criticlity Component description B. %o3t:re Components: <or softare component records a consensus must be reached as to hat le%el of installed softare ill be ithin the scope of the asset data base. <or e4ample, is the orkstation .9C1based/ softare to be managedK If so, are e to account for all application softare or 7ust operating system softareK The ansers to these &uestions are linked to hat kind of information the user support groups re&uire to pro%ide ser%ice to the client. In a centralized 0elp ,esk en%ironment, all user application softare, including maintenance le%els, are maintained. This pro%ides up1to1 date information to the 0elp ,esk personnel about the user en%ironment and adds greatly to their producti%ity. 3 softare model record for each component contains an I,, maintenance le%el, program type, status and a description. 3 typical softare record should contain the folloing information: %ystem Eppliction runs on< Product Num2er Nme !odel Dendor %eril Num2er Rene:l Dte )icense Type Contrct Type !intennce )e"el Description !" C. &eture Components Record: This record identifies associated features and relates these features back to other records. F. !odel Component Record: The industry uses this type record as a producti%ity tool to greatly enhance the ability to build large data bases &uickly ith minimum data entry errors. *odel records themsel%es do not hold configuration data, but they make the entry of data easier by alloing the creation of component records from models that hold information common to a number of components .or subcomponents/ of the same type. The model capability also pro%ides the ability to build one or many relationships beteen model features and hardare or softare components. <eatures that are common to many components can be contained in a single model feature record that is referred to by many component records.
.., Collectin+- !onitorin+ nd Reportin+ Dt ..,.1 Collectin+ Dt The 'ecord 0ierarchy in the folloing diagram indicates that component records refer to data center, system, ser%ice, and financial records. These four records are informational components. This means they must be created prior to creating the component records .hardare, softare/. It sa%es time because these records must be defined before they can be referenced in component records. This allos you to establish connections as you create the records. ..,.. !onitorin+ nd Reportin+ Dt :nce the in%entory data base has been built it ill be used to satisfy the folloing re&uirements ,etermine bypass and reco%ery procedures hen a failing component has been identified. 6$ ,etermine the le%el of a component, and also other components that are affected hen a problem occurs. Cstablish relationships beteen a component and any problem or change record in the data base. Search for any components meeting specific characteristics, such as all terminals in a netork and the locations to hich they are assigned. )enerate reports on specific configuration information, including but not limited to the folloing: 1 0ardare or softare components ith related features, 1 9hysical in%entory by location, 1 0ardare and softare configuration maps, and 1 Ser%ice reporting for maintenance contracts, arranty, and in%oice tracking. ..0 *usiness &unction Inter3ces Some of the more common business functions that interface ith In%entory *anagement include: Purc'sin+: This resource manages all information systems re&uirement identification through the procurement process. In%entory *anagement pro%ides input to 9urchasing in terms of system and netork standard asset information. Accounts Recei"2le ? Py2le Deprtment: This function collects usage data and bills information System .I=S/ e4penses to the appropriate users. It supports accounting, budget planning, tracking of pro7ect costs, and other acti%ities. In%entory *anagement pro%ides financial records as input to the 3ccounts 'ecei%able = 9ayable process and %ice %ersa. This to1ay interface occurs ith the appro%al and submittal of billings for payment. I?% !n+ement Committees: These groups in%estigate tools and ser%ices to pro%ide policy information and translate that data into recommendations for I=S producti%ity impro%ements and ser%ices. In%entory *anagement ill pro%ide input to these groups in terms of product standards and technology strategies. 6! %trte+ic Plnnin+ Committees: These groups deal ith long1range planning and the integration of I=S ob7ecti%es ith the business ob7ecti%es of the enterprise. In%entory *anagement pro%ides an interface to Strategic 9lanning by pro%iding insight into de%ice migration patterns, trends, and direction, and the Strategic 9lanning Committees pro%ide information back to the disciplines as ell. %ecurity Deprtment: This function manages the registration or enrollment of people and programs to access controlled I=S resources. In%entory *anagement pro%ides input about de%ice configurations and security interfaces to this functional area. User %upport 8roups: Since these groups are responsible for their e&uipment ac&uisition, they must be compliant ith the in%entory process. Tracking the ac&uisition of netork and computer e&uipment at the local le%el can be difficult ithout their full participation. To ensure accountability of such purchases, pro%isions should be made for a periodic physical in%entory of such groups to ensure a le%el of in%entory integrity. Client %upport %er"ices: These groups define the ser%ices that ill be needed to support the I=S clients ithin the enterprise. 2ithin Ser%ices *anagement are to key areas:
!. Help Des$ 1 This area pro%ides a single point of contact for clients to re&uest ser%ices and obtain resolutions for problems.
6. %er"ice )e"el Plnnin+ 1 this area identifies the agreement beteen the I=S organization ad the user community that defines the le%el of ser%ice. The ser%ice le%el agreement is also used to define policies for operations and performance management. ..1 %ystem !n+ement Inter3ces 66 The In%entory *anagement discipline is dependent upon %arious disciplines and functions ithin the enterprise in achie%ing its ob7ecti%es. These disciplines and functions and the assumptions related to their tasks are listed belo: C'n+e !n+ement: Coordinates the %arious tasks performed in configuration change and testing across the data processing en%ironment. 3ny changes to the I=S en%ironment that affect In%entory *anagement are input from this discipline. Pro2lem !n+ement: 3ssists the I=S organization in locating, identifying, and resol%ing in%entory problems. The 9roblem *anagement discipline ill pro%ide input to In%entory *anagement as problems arise that re&uire changes to resol%e conflicts. &cilities Plnnin+: 'e&uired to participate in the 9roblem or Change process as they pertain to the physical en%ironment and is accountable for any actions re&uired to comply ith the in%entory management process. It is essential that this group pro%ide input to In%entory *anagement and %ice %ersa, to ensure changes in physical asset configurations are noted. ..B Distri2ution in retil sector Bhatbhateni supermarket pro%ides sell that product hich is out of fashion, out of date, damage, off1season product, festi%al scheme. Some product are return hich is possible .and some product hich is sold to small store Table of 'etail lending SCIIS SCIIIN) 9C'CCNT3)C sell on full price +G M sell on discount 66 M Source: compiled field sur%ey 6$!$ 6? Source :Table 6.! In the abo%e chart e can see that +GM of the total sell on full price, and only 66M of total product are sell on discount at off1season , out of fashion, damage out and off date .This shos that BBS* is more acti%e controlling product than could not on loss . ..C. &unctionl res 6A 3ll of the functional areas listed belo can utilize the information contained ithin the In%entory *anagement System>s Central 3sset 'epository of information. 3dditionally, the 'eco%ery *anagement area could utilize in%entory information to identify an assets criticality .especially hen the asset>s location and oner are identified ithin the In%entory *anagement System/. Through the use of reports generated from the In%entory *anagement System>s 'epository, it ould be possible to obtain a listing of all N*ost CriticalN resources, by location and group. This report ould then ser%e as the basis of a Business 'eco%ery 9lan. The functional areas that interface ith an In%entory *anagement System are: Figure 6.+.!: vervie! o" Inventory Management Inventory Management Departments Inventory Management Mainframe Mid-Range PC / LAN Communications Fixed Assets ard!are "oft!are Faci#ities $endor Financia# $oice Data Net!or% Finance Common areas of concern faced &y eac' department Contracts Inventory Management is divided into many separate areas of responsibility. Source: compiled field sur%ey 6$!$ 6#
..F %#OT ANA)9%I% O& **%! Table 6.!: S2:T 3nalysis of BBS* %TREN8TH #EAGNE%% Cfficient and effecti%e ad%ance sanctioning procedure 9rofessional attitude among the employees Cfficient customer ser%ice and marketing about retail lending Competiti%e interest structure Cffecti%e credit appraisal system Iess loss in case of default Continuous inno%ati%e approach )ood brand image and strong brand loyalty among its customers Technologically dri%en facilities to its customers Iack of di%ersified product Iess competiti%e interest structure 0assles in loan sanctioning procedure Brand aareness is still 7ust medium Iack of proper research and de%elopment ,id not co%er all group of customer in this sector Iack of market co%erage in rural areas Iack of good ad%ertisement strategies OPPORTUNITIE% THREAT% 0igh market co%erage hith in kathmandu Increasing trend of Nepalese people mo%ing in taking credit for indi%idual purpose Io le%el income of the people Fnstable political and economic conditions <re&uent change in BBS* directi%es and regulatory policies 6E Best ay to gain customer satisfaction by fulfilling the dream of their customer 0igh competition in marketing industry. :ther small super market coming up ith similar ser%ices Source: compiled field sur%ey 6$!$ ..H Economic order quntity Economic order quntity is the le%el of in%entory that minimizes the total in%entory holding costs and ordering costs. It is one of the oldest classical production scheduling models. The frameork used to determine this order &uantity is also knon as #ilson EO@ !odel or #ilson &ormul. The model as de%eloped by <. 2. 0arris in !"!?, but '. 0. 2ilson, a consultant ho applied it e4tensi%ely, is gi%en credit for his early in1 depth analysis it. ..H.1 O"er"ie: 3ssume that the demand for a product is constant o%er the year and that each ne order is deli%ered in full hen the in%entory reaches zero. There is a fi4ed cost charged for each order placed, regardless of the number of units ordered. There is also a holding or storage cost for each unit held in storage .sometimes e4pressed as a percentage of the purchase cost of the item/ e ant to determine the optimal number of units of the product to order so that e minimize the total cost associated ith the purchase, deli%ery and storage of the product The re&uired parameters to the solution are the total demand for the year, the purchase cost for each item, the fi4ed cost to place the order and the storage cost for each item per year. Note that the number of times an order is placed ill also affect the total cost@ hoe%er, this number can be determined from the other parameters ..H.. Underlyin+ ssumptions !. The ordering cost is constant. 6. The rate of demand is constant ?. The lead time is fi4ed 6+ A. The purchase price of the item is constant i.e no discount is a%ailable #. The replenishment is made instantaneously, the hole batch is deli%ered at once. C:L is the &uantity to order, so that ordering cost O carrying cost finds its minimum. .3 common misunderstanding is that the formula tries to find hen these are e&ual./ 6.".? Dri2les Q P order &uantity Q Q P optimal order &uantity D P annual demand &uantity of the product P P purchase cost per unit S P fi4ed cost per order .not per unit, in addition to unit cost/ H P annual holding cost per unit .also knon as carrying cost or storage cost/ .arehouse space, refrigeration, insurance, etc. usually not related to the unit cost/ 6.".A T'e Totl Cost 3unction The single1item C:L formula finds the minimum point of the folloing cost function: Total Cost P purchase cost O ordering cost O holding cost 1 Purc'se cost: This is the %ariable cost of goods: purchase unit price R annual demand &uantity. This is 9R, 1 Orderin+ cost: This is the cost of placing orders: each order has a fi4ed cost S, and e need to order ,=L times per year. This is S R ,=L 1 Holdin+ cost: the a%erage &uantity in stock .beteen fully replenished and empty/ is L=6, so this cost is 0 R L=6 . To determine the minimum point of the total cost cur%e, set its deri%ati%e e&ual to zero: . The result of this deri%ation is: 6G . Sol%ing for L gi%es LQ .the optimal order &uantity/: Therefore: . Note that interestingly, LQ is independent of 9@ it is a function of only S, ,, 0. 6.".# E7tensions Se%eral e4tensions can be made to the C:L model, including backordering costs and multiple items. 3dditionally, the economic order inter%al can be determined from the C:L and the economic production &uantity model .hich determines the optimal production &uantity/ can be determined in a similar fashion. 3 %ersion of the model, the Baumol1Tobin model, has also been used to determine the money demand function, here a person>s holdings of money balances can be seen in a ay parallel to a firm>s holdings of in%entory. 6.".E E7mple Suppose annual re&uirement .3'/ P !$$$$ units Cost per order .C:/ P 6 Cost per unit .CF/P G Carrying cost Mage .Mage of CF/ P $.$6 Carrying cost 9er unit P $.!E Cconomic order &uantity P Cconomic order &uantity P #$$ units Number of order per year .based on C:L/ 6" Number of order per year .based on C:L/ P 6$ TC P CU Q AR O CO .AR = EOQ/ O CC .EOQ = 6/ TC P G Q !$$$$ O 6.!$$$$ = #$$/ O $.!E.#$$ = 6/ TC P G$$G$ If e check the total cost for any order &uantity other than #$$.PC:L/, e ill see that the cost is higher. <or instance, supposing E$$ units per order, then Total cost P G Q !$$$$ O 6.!$$$$ = E$$/ O $.!E.E$$ = 6/ Total cost P G$$G! Similarly, if e choose ?$$ for the order &uantity then TC P G Q !$$$$ O 6.!$$$$ = ?$$/ O $.!E.?$$ = 6/ TC P G$$"! This illustrates that the Cconomic :rder Luantity is alays in the best interests of the entity, that the number of times an order is placed ill also affect the total cost@ hoe%er, this number can be determined from the other parameters . ..C !Aor &indin+ In"entory !n+ement Process flo inside the system area changes to the physical en%ironment is methodically reported through the integrated change process. This discipline incorporates all hardare and softare reconfigurations or updates. 3ll inputs to the centralized data base ill be sub7ect to the change process. In"entory !n+ement Dt !odel help e%aluated ,ata Center 'ecord, System 'ecord, Ser%ice 'ecord, <inancial 'ecord, 0ardare Component, Softare Components, *odel Component 'ecord, <eature Components 'ecord, hich help to flo systematic 0elpful information in this record assists in arranty and ser%ice incidents. 3 hardare model record for each hardare type ill be created and all common hardare components ill be entered using this template. Serial Number, )eneric de%ice type, *odel, *anufacturer, :ner, Iocation, Contract, type, Component description, Component status, 9roduct Number Collectin+ Dt hierarchy hich indicates that component records refer to data center, system, ser%ice, and financial records. These four records are informational ?$ components. This means they must be created prior to creating the component records .hardare, softare/. It sa%es time because these records must be defined before they can be referenced in component records. This allos you to establish connections as you create the records. !onitorin+ nd Reportin+ Dt determine by pass and reco%ery procedures hen a failing component has been identified. determine the le%el of a component, and also other components that are affected hen a problem occurs. Cstablish relationships beteen a component and any problem or change record in the data base. *usiness &unction Inter3ces ha%e the more common business functions that interface ith In%entory *anagement include:9urchasing,3ccounts, 'ecei%able=9ayable,,epartment,,Committees,Strategic,9lanning,Committees, Security department :ut of toal sales, most of the sales . +GM/ sell is on full price, at off1season , out of fashion, damage out and off date .This shos that BBS* is more acti%e controlling product than could not on loss . %#OT nlysis help to determine strength, eakness, opportunities, threats of organization 9rofessional attitude among the employees, , Competiti%e interest structure .Cffecti%e credit appraisal system, Continuous inno%ati%e approach. )ood brand image and strong brand loyalty among its customers. Technologically dri%en facilities to its customers. Iack of market co%erage in rural areas, lack of good ad%ertisement strategies. Iack of di%ersified product, Iack of proper research and de%elopment. 0igh market co%erage ith in Bathmandu. Increasing trend of Nepalese people mo%ing in taking credit for indi%idual purpose Best ay to gain customer satisfaction by fulfilling the dream of their customer, Io le%el income of the people <re&uent change in BBS* directi%es and regulatory policies other small super market coming up ith similar ser%ices ?! Economic order quntity is the le%el of in%entory that minimizes the total in%entory holding costs and ordering costs. It is one of the oldest classical production scheduling models. C:L is the &uantity to order, so that ordering cost O carrying cost finds its minimum. .3 common misunderstanding is that the formula tries to find hen these are e&ual./ 3ssume that the demand for a product is constant o%er the year and that each ne order is deli%ered in full hen the in%entory reaches zero. There is a fi4ed cost charged for each order placed, regardless of the number of units ordered. There is also a holding or storage cost for each unit held in storage .sometimes e4pressed as a percentage of the purchase cost of the item/ e ant to determine the optimal number of units of the product to order so that e minimize the total cost associated ith the purchase, deli%ery and storage of the product The re&uired parameters to the solution are the total demand for the year, the purchase cost for each item, the fi4ed cost to place the order and the storage cost for each item per year. Note that the number of times an order is placed ill also affect the total cost, hoe%er, this number can be determined from the other parameters T'eoreticl $no:led+e in prctice Analyzing the information under study it has been cleared that there is difficult in imlementation theoretical !no"ledge in ractice# $he study ra%eled the resonsi%eness for maintaining the &n%entory in a current and accurate state# Role is resonsible for both mainframe and net"or! resident de%ices and soft"are comonents lin!ing "ith the &nterfaces Systems 'anagement discilines and financial deartment# (S' resonsible for maintaining the &n%entory Data (ase Reository and for guarantying the information contained "ithin the Reository is accurate and in a current state# &nformation is data entered) or entered %ia automated tools# ((S' ro%ides sell that roduct "hich is out of fashion) out of date) damage) off*season roduct) festi%al scheme# Some roduct are return "hich is ossible #and some roduct "hich is sold to small store# ?6 #'t sur"eyor 3eels durin+ 3ield "isit 'r# 'in (# +urung has truly %isionary long*term goals and aim to establish farmer co* oerati%es in ,eal "hich is estimated to gi%e emloyment to -.)... eole in total once the store e/ansion rogramme is comlete) and is li!ely to osition (hat*(hateni as the largest cororate ta/ ayer in the country (hat*(hateni offers a con%enient shoing e/erience "here customers can sa%e time) sa%e money#(hat*(hateni stores offer a uni0ue shoing e/erience for customers in ,eal follo"ing the international 1hyermar!et2 format# $he ground floor offers a "ide range of fresh food and %egetables and a broad range of leading international 3i0uor) $oiletries and Cosmetics brands# $he remaining floors offer a "ealth of choice including 4itchen"are) Clothing) Sorts 5 $oys and Electricals) "ith con%enient escalators and air*conditioning on all floors# $he 'ahara6gun6 suerstore includes a shirting 5 suiting ser%ice and a romotional area to dislay carefully selected romotions# &n addition) furniture 5 fi/tures is a ne" e/citing offering being introduced in 7..8 in both stores# (oth remises benefit from the co*location of an e/cellent %alue 6e"ellery stores that offer a "ide range of gold and sil%er items in both traditional and modern ornaments# ?? CHAPTER III: %U!!AR9- CONC)U%ION AND RECO!!ENDATION ,.1 %ummry Bhat1Bhateni offers a con%enient shopping e4perience here customers can sa%e time, sa%e money. BBS* stores offer a uni&ue shopping e4perience for customers in Nepal folloing the international Hhypermarket( format. The ground floor offers a ide range of fresh food and %egetables and a broad range of leading international Ii&uor, Toiletries and Cosmetics brands. The remaining floors offer a ealth of choice including Bitchenare, Clothing, Sports J Toys and Clectrical, ith con%enient escalators and air1 conditioning on all floors. The *ahara7gun7 superstore includes a shirting J suiting ser%ice and a promotional area to display carefully selected promotions. In addition, furniture J fi4tures is a ne e4citing offering being introduced in 6$$" in both stores. Both premises benefit from the co1location of an e4cellent %alue 7eellery stores that offer a ide range of gold and sil%er items in both traditional and modern ornaments. 9arking arrangements are a%ailable free on the premises and a secure locker system a%ailable to keep personal belongings. 'estaurants, bank J cash machine and dry cleaning ser%ices in the %icinity makes Bhat1Bhateni a one1stop shopping destination. If you end up buying more than you can carry, Bhat1Bhateni offers a free home deli%ery ser%ice. The +1day return policy ensures a con%enient shopping e4perience. Bhat1Bhateni is a leading supermarket and departmental store chain in Nepal. 2ith an impressi%e groth history o%er 6# years Bhat1Bhateni has de%eloped a reputation for continuous impro%ements, e%ery day lo price and a product offer second to none. There are currently to stores in Bathmandu, located in Bhat1Bhateni .head office store/ and a ne superstore as opened in September 6$$G in *ahara7gun7. The stores are open from +:?$am to G:?$pm, + days per eek and offer a full range of "$,$$$ products from #$$ local and international suppliers. *ore than !$,$$$ people %isit the stores daily and ?A benefit from a +1day return policy. 2ith o%er G$$ combined store staff, consistent merchandising and assured customer ser%ice is guaranteed. Bhat1Bhateni )roup operates as a pri%ate limited company. It has been a successful family business since the establishment in !"GA and has been the largest ta4 payer in the retail sector for the last fi%e years in Nepal. ,.. Conclusion ,espite ma7or economic and political turmoil in the country during the past fe years, the Nepalese market sector has been able to perform e4ceptionally ell. This has been ell 7ustified by the fact that most of the pri%ate, supermarket in Nepal ha%e been able to earn good amount of profit e%ery year hile other ma7or sector of the economy ha%e been suffering. 2ith the ad%ancement in technology and rapid change in the need and preference of the people, Bhat1Bhateni supermarket in Nepal ha%e been coming out ith continuous inno%ati%e products, schemes and facilities. 0oe%er, such initiations are mainly concentrated toards the household sector. :ther ma7or sectors of the nation like manufacturing, agriculture, and tourism and hotel industry are still under serious crisis. These sectors are the ma7or demanders of funds in case of any healthy economy. But in the contemporary economic scenario of Nepal it is not the case. ,ue to serious slack don of other ma7or sectors, the demand for product has not been groing as it should ha%e, hich in turn has led to the subse&uent fall in market interest rate during the last decade. 3nother important fact that should be taken into consideration is that since the economic condition is not %ery conduci%e it magnifies the probability of BS*. The Nepalese politics and economy is filled ith so much uncertainty and insecurity that it puts a big &uestion mark on the profitability of any business and non1business organization. 3nd if the suparmarket has pro%ided credit facility to many organizations and small store there is high risk of such credit turning into non1performing assets. This has led most of the store to focus on retail sector here there is less chance of default than in corporate sector. ?# <rom the abo%e analysis it is seemed that bhatbhateni supermarket is one of those supermarkets that dedicated in ser%ing their %alued customers ith e4cellence. The trend analysis of operate pro%ide and gross credit suggests that their %alues are better than the estimation. The 0ousing item , clothing item, food item and entertainment item are the most successful item. 0oe%er the o%erall design of the supermarket is as per the customer needs important it toard the success. The success of these holesale items is also the results of its sound and systematic lending procedure. Thus this supermarket, pioneer in trade let somebody borro ha%e to gi%e substantial attention in its retail lending and credit groth in order to sustain them.
,., Recommendtions BBS* ha%e its on strategy for Create Centralized 'epository of In%entory information. Ftilize 3utomated Tools and <ront1end to the In%entory 'epository. Integrate the In%entory 'epository ith the e%eryday asset functions performed by personnel, such as: 3sset 3c&uisition, 3sset 'edeployment, 3sset Termination, Iease and Contract *aintenance, -olume 9urchase 3greements, etc.
Ftilize a 8Criticality; indicator to relate assets and their criticality for disaster reco%ery purposes. This ill allo for reports that list all most critical resources for a specific location, by type and costs.
<ormulate a committee to in%estigate methods for impro%ing In%entory *anagement and implement the most rearding suggestions from the committee. ?E 'C<C'CNCC= BIBII:)'390S
: Sthapit 3zaya Bikran .6$$+/ 9roduction and operations management, Bathmandu 3smita book publication and distributions : 9anta, 9rem 'a7 .6$$A/. 'esearch and report riting, Bathamndu, Buddha 3cademic Cnterprises. : -an 0orne and achoicz, fundamenral of financial *anagement : Coperland J 2eston, financial theory J corporate policy, 3ddison 2esley : .smart&msTcom1images1in%entory1management1system : *icrosoft U Cncarta U 6$$". In%entory1management1system : 2ikipedia, the free encyclopedia.htm : . )oogle .com in%entory1management1system : .dcag.com ?+