Preview

Project Report on Inventory Management

Powerful Essays
Open Document
Open Document
10939 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Report on Inventory Management
A PROJECT REPORT ON INVENTORY MANAGEMENT SYSTEM A STUDY OF PIDILITE INDUSTRIES
UNDER THE GUIDANCE OF: Dr. Anil Sinha Dean ,Prof. Corporate finance

Session: PGDM 09

IILM, GREATER NOIDA

ACKNOWLEDGEMENT

We have prepared this study paper for the “Inventory Management System – A Study of Pidilite Industries”. We have derived the contents and approach of this study paper through discussions with company executives and internet as well as with the help of various Books, Magazines and Newspapers etc.

We would like to give our sincere thanks to a host of friends and the teachers who, through their guidance, enthusiasm and couselling helped us enormously As we think there will be always need for improvement. Apart from this, we hope this study would stimulate the need of thinking and discussion on the topics like this one.

TABLE OF CONTENT
Chapter1 STATEMENT ABOUT THE PROBLEM  What is inventory  Why keep inventory??  Controlling inventory  Holding costs.  Purchasing cost.  Inventory management  Features of inventory management  Benefits  Techniques and software of inventory management  Other lot-sizing techniques  Other schools of thought in inventory management  Steps to effective inventory management Chapter2 A STUDY OF INVENTORY MANAGEMENT IN PIDILITE INDUSTRIES Ltd.  Company profile  Inventory management at PIDILITE  Challenges : single intergrated system  decision to implement SAP Business one  managing multi location implementations  system analysis  problem defination  Performance requirements  System requirements / software requirement  System design  Design goals  Functional flow of the system

 Data flow diagram  Data store  Data flows  Technologies used  Benefits Chapter3 OBJECTIVES AND SCOPE OF THE STUDY  Methodology  Data collection  Statistical tool used  Primary data analysis Chapter4 Chapter5 Chapter6 Chapter7 DATA ANALYSIS CONCLUSION BIBLIOGRAPHY/REFERENCES ANNEXURER

Chapter8

QUESTIONNAIRE

STATEMENT ABOUT THE

You May Also Find These Documents Helpful

  • Powerful Essays

    The purpose of this group assignment is to collaborate as a team to compare different inventory systems and describe the advantage and disadvantages of each system in comparison to the others. Management of inventory is important to any business that wants to succeed. Companies purchase inventory systems to help manage the inventory of an organization. Team A reviewed the following companies and their inventory management programs: Best Buy, , and . This Inventory System Summary includes a description of the chosen companies and their inventory systems, and a comparison describing the advantages and disadvantages of each system. Best Buy…

    • 2054 Words
    • 59 Pages
    Powerful Essays
  • Better Essays

    Ltb Inventory Systems

    • 1749 Words
    • 7 Pages

    Inventory Systems are the software used to plan and track inventory balances and activities (Investopedia, 2012). There are many inventory systems, which can be used in an organization to track products sold or used. Team B’s team members will describe his or her organization and the current inventory system he or she uses. Each member will discuss the advantages and disadvantages of his or her inventory system. Team B will also do a comparison between each organization to identify the strengths and weaknesses. Below one will find the discussion to the topics mentioned above.…

    • 1749 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Inventory Management

    • 333 Words
    • 2 Pages

    1. Locate a firm that incorporates inventory management. Identify the type of inventory system (fixed order quantity system, fixed order period system, or a hybrid system) it uses.…

    • 333 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Supply Chain Management..

    • 4981 Words
    • 20 Pages

    Inventory Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .…

    • 4981 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    Inventory Management

    • 410 Words
    • 2 Pages

    A global manufacturing company was experiencing inefficiencies in in its inventory management processes. With suppliers across the world delivering parts for the company's products, multiple buyers within the company are responsible for tracking the parts required for each product from the manufacturing phase through delivery. The company needed a way to keep a master list of all inventory with easy access to parts' delivery statuses and other pertinent information relevant to the company. The firm engaged Aciron to develop a custom inventory management system focused on enhancing inventory management through powerful parts tracking, management, and reporting features.…

    • 410 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Project on Kmc

    • 7029 Words
    • 29 Pages

    The purpose of the project is to understand and analyze the present inventory management system practiced in the company. Inventory refers to the stockpile of the products that firm would sell in future in the normal course of business and the components that makes up the product.…

    • 7029 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    Videocon D2H Intern

    • 8424 Words
    • 34 Pages

    I, PRAKHAR KHANDELWAL hereby declare that the Summer Internship project report entitled INVENTORY MANAGEMENT in MM Module SAP at VIDEOCON d2h (BBCL), MUMBAI carried out from 5th May 2011 to 30th June 2011 under the guidance of Mr. Raju Balan, Sr. Manager, Finance Dept. for the partial fulfilment to the award of degree of PGDM lan, programme in ITM Business S School, Kharghar, Navi Mumbai is my original research study, nal and the same has not been submitted to any other institution / organization for the award of any other degree / diploma / fellowship of other similar titles or prizes or university by loma any other person. I further declare that all the facts and figures furnished in this project report are the outcome of my own intensive research and findings.…

    • 8424 Words
    • 34 Pages
    Good Essays
  • Satisfactory Essays

    Work-in progress- output of preceding stage becomes input for succeeding stage Inventory decisions require analysis of workstation capacities, resource availability & bottlenecks…

    • 849 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    INVENTORY MANAGEMENT SYSTEM1

    • 3758 Words
    • 16 Pages

    This is to certify that this research report on inventory management system by Mulindwa Kato Paul has been under my supervision and it’s ready for submission.…

    • 3758 Words
    • 16 Pages
    Best Essays
  • Best Essays

    Inventory Analysis

    • 4449 Words
    • 19 Pages

    The objective of this study is about inventory management in an organization. The study will be assessing the effectiveness of inventory management in an organization. It will try to find out various methods of managing inventory in an organization. The case study design will be applied in this study and the study will be carried out at XYZ Ltd.…

    • 4449 Words
    • 19 Pages
    Best Essays
  • Satisfactory Essays

    As part of the advancement and strategic planning in business firms, inventory is the essential tool in backtracking and monitoring all the items they have-both the outgoing and ingoing. In this part computation of the overall items, the total outgoing and ingoing elements purchased and sold by a certain business establishment are done. An inventory system is an effective way of monitoring and tracking different materials that are transferred in and out. It is also important for a company to monitor all transactions and movements of goods in order to keep an account of all their stocks.…

    • 383 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Hotel Management System

    • 1269 Words
    • 6 Pages

    Inventory Product System is a software application which you can use to see and view the inventory of products. It is designed to record all products that goes into and comes out of the store. The system will maintain product records, search the availability of the particular product and produce summary and details inventory reports that helps the user to record faster and efficient, and reduced human error. It is also user-friendly in working environment designed based in common inventory transaction. This system is to be created and use for Sugaritta who had a manual inventory process in their store.…

    • 1269 Words
    • 6 Pages
    Good Essays
  • Best Essays

    Inventory Management

    • 4350 Words
    • 18 Pages

    Beximco Pharmaceuticals Ltd. is a leading edge pharmaceutical company and is a member of the BEXIMCO Group, the largest private sector industrial conglomerate in Bangladesh. The strategic strengths of Beximco Pharma are its strong brand recognition, highly skilled work force and diversified business mix. Beximco Pharma brands - Neoceptin R (Ranitidine), Napa (Paracetamol), Amdocal (Amlodipine), Neofloxin (Ciprofloxacin), Bexitrol F (Salmeterol Plus Fluticasone), Bextrum Gold (Multivitamin and Multi Mineral) and Atova (Atorvastatin) are among the most recognized brands in the Bangladesh Pharmaceutical industry.…

    • 4350 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    The objective of this research is to develop a Software as a Service web application and…

    • 9729 Words
    • 62 Pages
    Powerful Essays
  • Powerful Essays

    PSM In Process

    • 1126 Words
    • 4 Pages

    competitiveness for their survival in the market. Inventory management is an activity that used to…

    • 1126 Words
    • 4 Pages
    Powerful Essays

Related Topics