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1. Inventory Management System
Minor Project Synopsis
BCA 5th Year
Guru Nanak Dev Engineering College,
Ludhiana

2. Introduction
• • Inventory Management System (IMS) is a
software application to manage, track, and
control inventory levels, orders, sales, and
deliveries.
• • The project aims to automate stock records,
update inventory in real-time, and generate
reports.
• • Technologies: Python/Django (or PHP/Java),
MySQL, HTML, CSS, JavaScript.

3. Rationale: Justification
• • Manual systems cause mismatches, delays,
and errors.
• • Businesses require efficient tools for real-
time monitoring.
• • Automated IMS reduces workload, prevents
stock issues, and improves decision-making.

4. Objectives
• 1. Develop a user-friendly application.
• 2. Implement CRUD operations for stock.
• 3. Real-time tracking with alerts.
• 4. Generate purchase, sales, and stock reports.

5. Literature Review
• • J. Smith & A. Brown (2020): Cloud-based
inventory improves accessibility.
• • Microsoft Dynamics 365: Enterprise solution,
costly.
• • SAP: Real-time ERP, complex setup.
• • Open-source tools (Odoo, ERPNext): Flexible
but technical.
• • R. Kumar (2021): Automated inventory
reduces 35% delays.

6. Feasibility Study
• • Technical: Implementable with open-source
tools.
• • Operational: Easy adoption with GUI.
• • Economic: Low-cost using free tools.
• • Time: Achievable within semester timeline.

7. Methodology / Planning of Work
• Steps:
• 1. Requirement gathering.
• 2. Database design.
• 3. UI design.
• 4. Backend integration.
• 5. Testing.
• 6. Documentation.

8. Facilities Required
• • Software: Python/Django (or PHP), MySQL,
HTML/CSS/JS.
• • Hardware: Laptop/Desktop, i5+, 8GB RAM,
500GB storage.
• • Tools: GitHub, XAMPP/WAMP (if PHP used).

9. Expected Outcomes
• • Functional IMS with real-time stock tracking.
• • Low-stock alerts and order automation.
• • Analytical reports for decision-making.
• • Efficiency improvement for businesses.

10. References
• [1] J. Smith, A. Brown, 2020.
• [2] Microsoft Dynamics 365.
• [3] SAP Inventory Solutions.
• [4] R. Kumar, 2021.
• [5] ERPNext.