Integrated Vendor-Managed Time Efficient Application to Production of Inventory Systems
Bickey Kumar Shah, Vansh Kedia, Rahul Jha
Abstract
This paper establishes a solution for the management of the inventory products concerning time and cost for the efficient delivery of the products into the competitive market with the inventory management rules and policies where the stock deteriorates with time and recovery process is unreliable. It has focused on the demand and supply chain of the goods taking minimum time into the consideration for maximizing the profit throughout the cycle of delivering the products. It establishes a user interface software that maintains all of the records of buying and procuring the products from the stock. It emphasizes the problem related to the integrated transportation of an inventory. It has focused to manage the distribution network at minimal cost and time and optimization techniques have been performed for the maintenance work of the software and system. Both hardware and software interface has been designed It has been designed in such a way that it becomes familiar with both users and admin in a short span of time and easy to use conveniently. Different software requirements tools and engineering has been performed to make the software efficient for both user and admin. A feasibility study and requirement analysis have been carried out to validate the software requirement with time.