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Thursday 5 May 2016

Inventory Management System Memorandum Assignment

TO:              Project Manager, FABILOUS FASHION

 FROM:       ABC Consulting, Database Analyst

SUBJECT:    Inventory Management System

The Inventory Management System is sufficiently to controls and manages inventory of Fabilous Fashion and better coordinate operations between their outlets and three warehouses in the three states. Inventory Management System has core concept to track the sale of items from the cash registers with additional features for interpreting the data.  It uses a client-server model with a connected database to allow data entry Admin, multiple outlets and warehouses to be connected.

Inventory Management System merely records sales and restocking data and provides notification of low stock at any location through email at a specified interval.  The goal is to reduce the strain of tracking rather than to handle all store maintenance.  Further features may include the ability to generate reports of sales, but again the interpretation is left to the management.  In addition, since theft does occasionally occur, the system provides solutions for confirming the store inventory and for correcting stock quantities.

Expectations of different Inventory Management System users as follows:


1.       Database Management Users: To manage data entry and company administration with Responsive UIs, easy to data backup / restore, Easy tool for data entry, data security / consistency, Information Management, High performance, Availability and reporting

2.       Store Managers: responsible for managing the overall functioning of the store and ensuring day to day operations of the store and ensures maximum profitability for his store. With expectation of easy outlet daily operations, Inventory Availability, Accurate monitoring of inventory in store, inventory planning ,managing profit and loss, Sale / Audits reports, Stock Control, Assurance Management , accurate Inventory Flow, managing outlets customer case and replacements.

3.       Warehouse Managers: Is a vital part of the supply chain process, system should support easy work operations in support of client manufactory, inventory Monitoring, and pack / shipping functions from multiple warehouses, fast pace distribution center, should manage replenishment of stock, support the receipt and dispersal of materials entering or leaving warehouse, support of report when ever required, Order Management from outlets, should fulfill all aspect of Supply chain Management.

We ensure system will fulfill all the expectation of IMS users.

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