SMART ASSET AND INVENTORY MANAGEMENT SYSTEM (Smart AIMS)

Nurdiah, Basihol (2020) SMART ASSET AND INVENTORY MANAGEMENT SYSTEM (Smart AIMS). [Final Year Project Report] (Unpublished)

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Abstract

Asset tracking is focused on computers and software (aka: IT assets), tools, machines, equipment, vehicles, important documents, furniture, and other items that companies use internally for their own operations or that are a part of their manufacturing output. Assets often fall under capital expenditures, and there are a fixed number of assets at any giventime. Inventory management systems help companies manage stocks of consumable items across a variety of environments. This can apply to a wide range of markets from optimizing incoming materials and outgoing finished good in the manufacturing industry to managing on-shelf stocking and re-ordering in retail settings. Unlike assets, inventory is constantly being depleted and replenished. This volatility can also make it a very intricate system to manage depending on the size and the complexity of the inventory use.

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