Analysis of

inventory
management
system
Proposed Project

Group 1 MEMBERS

Jasper Ramos Mendoza, Glenn

Rodel Crisosto Sicat, Marvin Bataller
Partosa, Jan Bunao 
Analysis of inventory management system
Project
Description:
An Ordering system inventory are
the programs that take our
forecasts, actual orders, safety
stock, and, and order quantities,
and turn them into purchase orders
or production orders.
Objectives
The main aim of an inventory
management system is to keep
the stock in such a way that it
is neither overstock nor
understock. The overstock
condition will reduce the other
production processes and
understock will lead to
stoppage of work.
 SPECIFIC
Analysis
OBJECTIV of inventory management system
ES
1. To develop a system that will follow the way inventory
moves through the company.
BUD$25,000,0
2. To develop a system that will achieve satisfactory levels
GET 00
of customer service by keeping the inventory costs within
reasonable bounds.

3. To determine the sufficient amount and type of input

products, products in process and finished products,
facilitating production and sales operations and minimizing
costs by keeping them at an optimal level.

4. To develop a system that will maintain inventory at

reasonable levels to avoid shortages and surpluses.

5. To design a system that can minimize waste, analyze

trends, and make better investment decisions.
 Analysis
SCOPE:
of inventory management system
- Administrator can be able to login the system and
access the retail database; can add, update or remove,
goods, and employees; and the admin account cannot be
accessed by the cashier
- The scope of an inventory system can cover many
needs, including valuing the inventory, measuring the
change in inventory and planning for future inventory
levels.
- The value of the inventory at the end of each period
provides a basis for financial reporting on the balance sheet.
- Measuring the change in inventory allows the
company to determine the cost of inventory sold during the
period. This allows the company to plan for future inventory
needs.
- Orders received will go to inventory system monitor
the products. The system will have the database that stores
all the order information of the customer.
Analysis of inventory management system
Limitations |Delimitations:
 

1. System can only be accessed offline.

2. System can only receive cash.

3. System cannot receive amounts on a credit card basis.

4. No barcode Scanners

5. Inventories that are counted weekly or monthly and

then compared with counts from the previous period can
only generate data at or after the point of counting.