Abstract Inventory Management
Abstract Inventory Management
Abstract Inventory Management
ABSTRACT
This project is aimed at developing an Inventory Management System (IMS) for a departmental store.
This system can be used to store the details of the inventory, update the inventory based on the sale
details, produce receipts for sales, generate sales and inventory reports periodically etc. This is one
integrated system that contains both the user component (used by salespersons, sales managers inventory
managers etc) and the admin component (used by the administrators for performing admin level functions
such as adding new items to the inventory, changing the price of an item etc).
This system runs on multiple terminals, offers a GUI interface to its users and connects to a common
database(s).
Following is a list of functionalities of the system. More functionality that you find appropriate can be
added to this list. And, in places where the description of functionality is not adequate, you can make
appropriate assumptions and proceed.
There are registered people in the system (sales people working in the shop, inventory managers, admin et
al). Each one of them may have some exclusive privileges (admin, for example, could create new users to
the system whereas sales people cannot).
see the status of the inventory, i.e., whether a particular item is available or not etc
search for a particular item by typing the initial letters (‘app’ for example may bring up
the item ‘apple’ in the top) or by category-wise (apple, for example, may be looked up by
going through the category ‘fruits’)
enter the items purchased by a customer and produce a bill for the same (the bill will
have a unique sale id, date, time, item/quantity/price details etc)
cancel the produced bill, in case of error in entering the details, and produce a new one
take back an already sold item that is not satisfactory to the customer (the shop allows
that) and produce a receipt for the same
inform the inventory manager about the items that are not available, so that they can be
stocked
inform the sales manager about any exceptions (such as an item is being purchased, but it
is not available in the system)
get help about the system on how to use the different features of the system
see the reports from sales people about items that are not available and need to be kept in
the inventory
validate the inventory against the sales done in the previous day (whether the items that
are sold and the change in the inventory for the corresponding items match etc)
generate inventory-trends (like how is coffee powder stock changing over the month)
check how many bills have been generated in the day so far
check how many bills have been cancelled so far in the day(due to wrong entry by the sales
persons)
check how many items have been returned so far in the day
check for any exception reports from the sales persons and correct it by contacting the
inventory manager
generate sales-trend graphs for each of the item (like how is apple selling in the last one
month)
add new items/categories to the inventory (‘grape’ may be added to the category ‘fruits’
or a new category such as ‘vegetables’ may be added)
INTRODUCTION:
This project is aimed at developing an online Sales and Inventory Management System (SIMS)
for a departmental store. This system can be used to store the details of the inventory, update the
inventory based on the sale details, produce receipts for sales, generate sales and inventory reports
periodically etc. This is one integrated system that contains both the user component (used by
salespersons, sales managers inventory managers etc) and the admin component (used by the
administrators for performing admin level functions such as adding new items to the inventory, changing
the price of an item etc).
This system runs on multiple terminals, offers a GUI interface to its users and connects to a common
database(s).
SYSTEM ANALYSIS:
1. Existing System
Online Sales And Inventory Management System (SIMS) deals with online communicating
between all users in this system. In the existing manual system huge expenditure and a lot of time is spent
in collecting the inventory information and doing the bill based on category he choose. So, there is a need
for an integrated automated system, which has some centralized control over the entire process.
The following drawbacks of the existing system emphasize the need for online sales and
inventory management system:
1) Conventional system makes use of huge amounts of time for providing the information about the
inventory to the manager.
2) Difficulty in tracking and retrieving data from the related inventory. So, there is a need
computerization. With computerized systems paper work drastically reduces, data retrieval becomes easy,
duplication of work is avoided.
2. Proposed System
The proposed system consists of full on-line data entry with online validations on field and
referential checking. The goal of this system is to bring down the workload with the increased efficiency
and to speed up the activities. The major activity of Online sales and inventory management system is to
provide online communication between the users of the system. Auto generation of emails as soon as the
inventory manager or sales person or sales manager is required to send a mail to the administrator ,
intimating if any problem occurred due to their work.
The other advantages are:
The objective of the Online sales and inventory management system is to provide better
optimization and cost reducing for the users of this system.
System Specifications
Hardware Requirements:-
Pentium-IV(Processor).
256 MB Ram
512 KB Cache Memory
Hard disk 20 GB
Microsoft Compatible 101 or more Key Board
Software Requirements: -
Web-Technology: JSP