DocumentCode :
119945
Title :
OptInv: Software as a service solution for inventory optimization
Author :
Gyori, Reka ; Imecs, Tamas ; Torok, Eniko ; Simon, Karoly
fYear :
2014
fDate :
11-13 Sept. 2014
Firstpage :
175
Lastpage :
180
Abstract :
The presented OptInv software system provides support for inventory and sales optimization. Generally, small and medium enterprises cannot afford expensive Enterprise Resource Planning (ERP) systems, with effective supply management modules. Supplies are often managed based only on former experience. Inconvenient situations can occur when an order cannot be accomplished because the needed product is missing, or when the money invested in some products becomes a waste. Using the right methods and tools, these problems can be eliminated. The aim of the OptInv project is to provide a Software as a Service (SaaS) solution for this kind of problems. OptInv imports data from accounting software systems and provides statistics about products, providers and sales. Products can be categorized, the value of the stock can be estimated, the consumption can be predicted and in this way the inventory can be optimized.
Keywords :
cloud computing; inventory management; sales management; small-to-medium enterprises; supply chain management; ERP systems; OptInv project; OptInv software system; SaaS solution; accounting software systems; enterprise resource planning systems; inventory optimization; product categorization; sales optimization; small and medium enterprises; software as a service solution; stock value estimation; supply management modules; Companies; Databases; Java; Optimization; Security; Servers; Software as a service;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Intelligent Systems and Informatics (SISY), 2014 IEEE 12th International Symposium on
Conference_Location :
Subotica
Type :
conf
DOI :
10.1109/SISY.2014.6923581
Filename :
6923581
Link To Document :
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