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Inventory Management System

The document outlines an Inventory Management System aimed at automating inventory tracking and optimizing stock levels to improve efficiency in procurement. Key features include real-time monitoring, automated purchase orders, and detailed analytics to prevent stock discrepancies. The system utilizes technologies like Python, MySQL, and JavaScript, providing a scalable solution that enhances operational efficiency and supports business growth.

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Amey Pandit
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8 views9 pages

Inventory Management System

The document outlines an Inventory Management System aimed at automating inventory tracking and optimizing stock levels to improve efficiency in procurement. Key features include real-time monitoring, automated purchase orders, and detailed analytics to prevent stock discrepancies. The system utilizes technologies like Python, MySQL, and JavaScript, providing a scalable solution that enhances operational efficiency and supports business growth.

Uploaded by

Amey Pandit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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INVENTORY

MANAGEMENT
SYSTEM
Objective
 Automate inventory tracking and
management.
 Reduce stock discrepancies and optimize
stock levels.
 Improve efficiency in procurement and
stock handling.
Project Description
 A system to track, manage, and optimize
inventory in real time.
 Built to streamline stock monitoring,
ordering, and reporting.
 Ideal for businesses to avoid overstocking
or understocking.
Features
 Real-time stock level monitoring and
updates.
 Alerts for low stock and expiry dates.
 Generate purchase orders automatically.
 Analytics and reporting for stock usage
trends.
Uses and Benefits
 Prevents stock shortages and overstocking.
 Reduces operational costs through efficient
inventory control.
 Provides accurate, real-time inventory
insights.
 Improves decision-making with detailed
analytics.
Advantages Over
Previous Methods
 Automation eliminates manual inventory
errors.
 Real-time tracking improves stock accuracy.
 Scalable solution to manage growing
inventory.
 Saves time and boosts operational
efficiency.
Technology Used
 Backend: Python with Flask/Django.
 Database: MySQL/PostgreSQL/SQLite.
 APIs: Integrated for supplier and order
management.
 Frontend: HTML, CSS, and JavaScript for
UI.
Expected
Outcome
 Streamlined and accurate inventory
management.
 Real-time stock updates and automated
alerts.
 Reduced operational costs and better stock
control.
Conclusion
 A modern, efficient system to manage inventory
effectively.
 Improves stock visibility and supports business
growth.
 Replaces manual systems with a scalable
automated solution.

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