Management Of Inventory Management System

The computer is used for the internet to find out needed information or emails. Work is also completed using Microsoft programs.

The purpose of this course project is to address the ongoing issues surrounding my companies, REI (Recreation Equipment Inc.,) inventory management issue and to see if we can find a software program better suited to the companies needs. The goal is to find products quickly and efficiently. Customer satisfaction is key to driving sales and profit in any company. As a result a software upgrade is certainly needed in order to compete with other companies in the same industry.

As three of America's leading retailers, Home Depot, Nordstrom, and Cold Water Creek, are responsible for over $80 billion in annual sales. Retail industry analysts look for commonalities in inventory management reporting in order to track company's ability to move inventory and maximize pricing strategies and avoid having to discount obsolescent inventory thus affecting profit. Through analysis of a company's inventory management ratio, outside investors and inside management can track the number of times each year a company turns its inventory. Industries such as retail are extremely sensitive to inventory management as many retail products have short shelf lives due to cyclical inventory and technological advances.

Once the customer complete the entry form and all information is received correctly the customer will receive a printed version of the information provided to ensure all records were correctly entered. If for some reason the was an error in the information inputted the customer will have a chance to correct the information and reprint the document.

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The inventory and production departments also have issues. Currently, inventory is done by the receiving area supervisor confirming the shipping documents against incoming orders by hand. This allows for human error and is not a quick or efficient way to do inventory. The same process is used when production takes items from inventory. The inventory system is only updated once daily when new raw materials arrive and then again once daily from production when the raw material is used. The lack of tracking and checking in a timely manner leaves the organization’s processes at a higher risk of failure. The inventory system does not currently communicate with the sales or with the Finance and Accounting applications. This may lead to a

Used SAP tools with the project team and created a centralized system for inventory, finance and sales areas within a supply store system.

Some of the key points of the case related to Target’s supply chain is the inventory system; in other words, the store has implemented an inventory system in which the store never ran out of merchandise because it would result in losing sales and creates customers dissatisfaction. Target should not expand their operations by including meat, and dairy products knowing that they still struggle to manage their inventory, especially, those that are perishables. The problem is not reducing the number of different products. Instead, the store has to come out with a logistic strategic that can help them increase the different products that the store should have to sustain the competition among retail stores. When we refer to Supply Chain, we are pulling the active deals in the activities that the supply chains do to increase the value of the client and thus achieve a sustainable competitive superiority.

Sandy Hess has four basic computer needs for her new computer; bookkeeping, invoicing, listening to music, and instead of paying for cable she would rather view content online. Her new system must also be portable and inexpensive. Wanting to purchase the best computer system for her needs, she has requested a recommendation before making her purchase.

Nowadays, in an era that has advanced technology and a place in the world. Everything can be linked only at your fingertips in the times of rapidly developing with the sophisticated technology of today. Therefore, an inventory system is also not lagging behind in introducing a method of keeping an inventory data systematically and safely. The system plays a very important role in improving the competitiveness of a business. Usually, organizations today face too many challenges to achieve the cost, speed and reliability. Efficient inventory system really help in order to make sure the store’s performance and data record is always in good condition and secured from abusers. The system basically to ease the admin to manage the

Barcodes are used everywhere around us. They are used to track products through shipment, track products at a store and speed up and enhance the checkout process, as well as allowing faster access to information. Barcodes began to be used heavily in the 1970’s. This began a great movement in the consumer industry, speeding up the checkout process and allowing easier inventory tracking. However, just like all technologies, barcodes have been enhanced many times over and are being replaced by better, more efficient systems (Bonsor).

A bar codes work as a reader base system. And the most important thing is that the bar-code read is old to understand script the code. The human being who reads uses a laser ray of brightness that is responsive to the expression from the line and the space depth and the confirmation of certain product. Basically the main purpose of using barcode for lacking in cost level, keep the moment and decrease the exercise time of worker. And the barcode eliminate the option of human mistakes. The reader transform the reflected brightness interested in digital information is transferred to a data base management system for immediate action or storage of the product of the Toyota Company. The Bar codes and readers are the largest part regularly see in supermarkets and wholesale stores, but huge figures of various uses contain been establish for the customers. The barcode be single of the a large amount type of using is necessary data collocation including the pricing of product and the information about the inventory.

If you sell a large number of small-ticket items -- for example, as in a stationary store -- you might want to use a computer system to track inventory or tie your computer system into your sales by having a POS (point of sale) inventory system. If you sell larger ticket items you may be able to do it yourself on paper.

The existing system was found to be completely manual, i.e. customers’ information is captured in books, there also required to walk to the tailor shop to get their measurements taken. Customers also go to the tailor shops to check on the progress of their garments.

CRM is a computer software that the organization use to interact with the current and future customers. This web software analyzes data such as customer’s history with