Online inventory management system will provide all the information needed and required for inventory related in understanding in easy way and that will reduce the time taken for the inventory manager to record all the products that are in inventory which takes too much time. The project will implement a database for inventory management which will include the vendor analysis performance of the products and calculate the cost of materials at the end of the project. the inventory management system will solve the problems as everything about the inventory will be stored in a database which will be much easier to marinating and update and this will also save time and cost effective for the organization and will automate many inventory related tasks. Īt current the inventory is managed and update on an excel spreadsheet which has been an outdated form of recording and maintain the inventory of materials as it is really difficult to enter the data and then update the data on daily basis. The process of manually looking for the inventory available in stock is really time consuming and cumbersome that includes the person responsible to see how many materials are in the inventory, how many materials have been ordered and received and keep the record of the time that will take for the suppliers to process orders and other various tasks included in inventory. Aluminum products ( Doors, Windows, Facade Cladding ). ![]() It also engages in the planning of development projects in collaboration with other partners and in the implementation stage through contracting and finance.Īs a general contractor, Hashem Company provides the following turnkey services: Civil works ![]() Abdul Rehman Ghiath Eldin Kabbani Hashem Contracting invests in real estate development projects including residential, commercial and mixed-use real estate projects through its real estate division. Hashem Contracting and Trading Co was established on 25 March 1979 and the company has 3 owners namely Mr. Background of the Company Organization Review Inventory management forms a part of the project management. The two common inventory-management strategies are the just-in-time method, where the companies plan to receive items as they are needed rather than maintaining high inventory levels, and materials requirement planning strategy, which schedules material deliveries based on sales forecasts. By Knowing these two important lead key aspects makes it possible to know when to place an order and how many units must be ordered to keep production running smoothly. Inventory management also demands a solid understanding of how long it will take for those materials to transfer out of the inventory to be established. and focuses on the three aspects of inventory management and prevent from failures in the future. ![]() Inventory management is very important for big business and private owned organizations especially where there are a lot of orders are being placed everyday and there are lot of materials and the maintenance is really important which the system will do and also will record the time taken to process an order and this system is really important as it can help the organizations to be alerted when the level of inventory is very low. This process usually involves controlling the transfer in of units in order to prevent the inventory from becoming too high, or dwindling to levels that could put the operation of the company into difficulties. Inventory management is the process of efficiently monitoring the constant flow of units into and out of an existing inventory.
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