Inventory Management System of IT Asset- A Study on Daffodil International University

Abstract

The main theme of our project to manage all IT products of DIU through this system. We can see the status of all IT products through this system. There is a need to track the performance of each product in terms of demand to determine how much to order and when to order. The parameters that are required to answer these questions are economic order quantity and the re-order point. The annual cost of each product is obtained to determine the best deal for the invoices received for the product. The Project INVENTORY MANAGEMENT SYSTEM of IT Assets at DIU. Till now the assets of company maintained manually, this is very much time consuming and have lots of errors. To overcome this problem INVENTORY MANAGEMENT SYSTEM software is required. This project implemented an inventory management system and tracks the performance of each product using a web application. This will help the decision makers to initiate accurate re-order and make forecast and demand of the product at any point of time.