Title Development of smart inventory management system for manufacturing enterprises /
Translation of Title "Išmanios" atsargų valdymo sistemos kūrimas gamybos įmonėms.
Authors Krishnan Pandian, Rajesh
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Pages 58
Keywords [eng] inventory management ; production engineering ; inventory automation ; cost efficiency
Abstract [eng] This master’s thesis report deals with the study analysis of Inventory Management and its drawbacks related to the previous practices to develop a system that resolves the issues related to it. The problem prevailing in the inventory management field is the lack of appropriate technology that is affordable for the small-scale industries to implement and capable of increasing the overall efficiency. To counter the drawbacks a management tool called Smart Inventory Management (SIM) device is developed. The SIM device has been developed into two variants called SIM Stroll and SIM Static, which differs in capacity and dimensions. The overall designs of the devices are analysed and key components involved in the development of the devices and the appropriate material selection processes are done. The circuits for both the variants are drawn and the workings of the devices are explained with the help of Algorithm and Flowchart. The manufacturing cost of the products and the cost efficiency is calculated with supported assumptions and the sales price of the products is compared with existing product.
Dissertation Institution Kauno technologijos universitetas.
Type Master thesis
Language English
Publication date 2016