IMPARK an Inventory Management System with Forecasting as Start-up for Meat Shops in NCR Plus

Abstract

Whether a meat shop is large, medium-sized, or small, managing its inventory of perishable goods is a primary management concern. Perishable items' limited shelf lives provide significant challenges for inventory management. Since adopting a system makes it easier for a meat shop to avoid inventory shortages, achieve profit targets, shorten the cash cycle, eliminate the unnecessary carrying costs for the unused inventory, and increase profitability, a meat shop needs to understand inventory management of perishable goods. The researchers created a system that further enhances the inventory management of meat shops in NCR plus. The features of the proposed system include forecasting, monitoring the meat age, displaying real-time reports, and ensuring sufficient stocks and quality products are offered to customers. Hence, this study covers the development of IMPARK System, from data gathering to system testing.