Inventory represents one of a business’s most important assets, since inventory turnover is a primary means of revenue generation and earnings for a company’s shareholders For a company, inventories are goods that are purchased, processed or sold at some point in time.
The two basic parameters of inventory management models are dateand quantity ordered. We can therefore order fixed date or variable, and fixed or variable quantity.
Inventory Management Software is a system that allows the user to manage and track inventory levels, orders, sales and deliveries. It is also used in the industry to create a work order and other documents related to production. It prevents overstocking and product failures.
The inventory management diagram below is done with the ERBuilder data modeler. Here is the documentation of this inventory management data model presented here. This documentation is generated by ERBuilder modeling tool. The source project file can be downloaded here.
ERBuilder is a GUI data modeling tool that allows you to visualize, design and model databases by using entity relationship diagrams and automatically generates the most popular SQL databases. Generate and share the data Model documentation with your team. Optimize your data model by using advanced features such as test data generation, schema compare and schema synchronization. Try now ERBuilder for 15 days FREE
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