Inventory management with reference to Micro Labs Limited

Description: Inventory management is one of the processes used in all companies. Before the era of computing and integration, paper tables and paperwork solutions were used as inventory management tools. We were far from being a solution, we had a lot of time and we even needed employees only for this section of the organization. All processes were based on paperwork, the human failure rate was high, the process and tracking of inventory losses were not possible and there were no efficient registration systems. After the computer age, each process begins to integrate into the electronic environment. And now we have experienced technology to implement new solutions to these problems. Software-based systems offer the advantages of having more efficient control with less effort and employees. This "INVENTORY MANAGEMENT" project gives us complete information about the inventory. We can enter the registration of new items and retrieve the details of the items available in the store. We can issue materials for the department and maintain their records, and we can also verify how many materials are issued and how many stocks are available in the store. If the materials are not available in the store, the demand for purchase will be initiated. In this project we understand the inventory management of the company.