Inventory Management System

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TRIBHUVAN UNIVERSITY
Office of the dean
Faculty of Management
Kirtipur Kathmandu

An Internship Report
on
Inventory Management System(IMS)
In partial fulfillment of the requirement
for the degree of
Bachelor in Information Management (BIM)

Submitted by:
Sumit Lacoul
Roll no:1237
T.U Regd No:
National College of Computer Studies
(NCCS)

ACKNOWLEDGEMENT

The Internship report is prepared for the partial fulfillment of the requirement of the degree of BIM with prescribed rules and regulations of Tribhuvan University. So, I do hereby express my hearty appreciation and gratitude to Tribhuvan University for such an intellectual task.

Any accomplishment requires the effort of many people and this work is no different. My deepest appreciation goes to Nepal Airlines Corporations, for accepting me as an intern. Special thanks to whole staffs of Nepal Airlines Corporations for their constant support, providing me lots of information regarding their respective department of Nepal Airlines Corporations, during my intern period.

I immensely acknowledge the contributions, encouragement and guidance of my teacher Mr. Utsav Koirala, who guided me throughout the project.

Last but not the least, I wish to express my sincere gratitude to my family, teachers,, friends and all those who have contributed in this report, even though anonymously.

ABSTRACT

The main purpose of this internship program was to gain core knowledge and experience about an organization and management system of today's business world. During two months of internship program I analyzed, design and developed improved Inventory Management System (IMS) which is web based application. Hence it can run in desktop as well as network.

System is developed to be implemented. Before developing the new system, the existing inventory system was studied and analyzed. The existing system in Nepal Airlines Corporation(NAC) was automated computer based software system. But I am welcome to develop new “Inventory Management System” though current inventory system is advanced and fulfill all the requirement of the organization to keep and trace records of inventory for the products. Stock of various items held by different organizations sector is the “inventory”.

Chapter 1 INTRODUCTION

Introduction of the research/project
As the final year project, we are preparing software called Inventory Management System(IMS) for Nepal Airlines Corporation (NAC). Despite this company have software for inventory management Organization has promised us to implement it if it is according to their requirement. The organization will be beneficial from IMS as the load of operating complex software will reduce and facilitated by the dedicated inventory system. This project is beneficial to the operation managers for operating and controlling organization inventory system. An inventory is stock of “goods” that is held for future use. Inventory is a list for goods and materials, or those goods and materials themselves, held available in stock by a business. In accounting inventory is considered an asset. In business management, inventory consists of a list of goods and materials held available in stock. There are three basic reasons for keeping an inventory:

Time - The time lags present in the supply chain, from supplier to user at every stage, requires that you maintain certain amount of inventory to use in this "lead time". Uncertainty - Inventories are maintained as buffers to meet uncertainties in demand, supply and movements of goods. Economies of scale - Ideal condition of "one unit at a time at a place where user needs it, when he needs it" principle tends to incur lots of costs in terms of logistics. So bulk buying, movement and storing brings in economies of scale. Inventories Management System (IMS) is the active control program, which allows the management of sales, purchases and payments. It is...
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