Influence of information technology in inventory management


Project Task: Choose one topic from the list above.

Working Guidelines for Project

A. Project Structure:

It is recommended that your project report have the following structure in the order provided here.

1. Title page: The students' details should be filled in the cover page provided.

2. Abstract / Executive Summary: The Abstract consists of the project title and about half a page concise summary containing the scope and results of your study.

3. Table of Contents: Table of contents should contain titles and page numbers for the main sections and subsections of your report. The table of contents should also include entries for any appendices in your report.

4. Report Body: This is the central and main part of the project which contains the actual work done during the project. The main requirement is that you need to structure the report so that it is clear and structured in a way that makes sense. Grammar and spellings count.

5. Conclusions: The project's conclusions should list the things which have been learnt as a result of the work you have done.

6. References: You are responsible for appropriately citing material and methods that you use. Give references for the data collected from a text book, a magazine or a website identifying its sources while using the appropriate form. In the references section, references should be in a numbered list, ordered alphabetically by the last name of the first author.

List of topics

Topic 1: Inventory Management

Inventory management is one of the crucial elements of supply chain management in an organization. The organizations need to have effective process, tools, techniques and quality measures in place to effectively manage the inventory level and optimize cost. The inventory management has lots of challenges and it requires proper planning and execution of adopted processes and technologies to manage it in an efficient way. Suggestions for operations project on inventory management are:

  • Inventory management is the backbone of supply chain management: True or False?
  • The influence of information technology in inventory management.
  • Inventory management in manufacturing organizations.
  • Inventory management in retail: a case study on any company of your choice.
  • Inventory management for e-commerce.

Topic 2: Logistics

Logistics is the management of the flow of goods, information and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently, and originally, military organizations). Logistics involves the integration of information, transportation, inventory, warehousing, material-handling, and packaging. Logistics topics for your operations project could include:

  • Transport and logistics: a look inside.
  • Logistics management - Evaluation of the logistics operations carried out within manufacturing organizations
  • Impact of information technology on logistic industry.
  • Principles of logistic management: an evaluation in a practical environment.
  • Value chain strategy of the logistic industry.

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