Both time and money are significant resources that all businesses invest to collect and disseminate critical information across their enterprise. What is needed to streamline this process? An application software tool must be developed to provide Inventory Management Control (IMC) for organizations which includes:
Standardize the functions (Bar-coding, filing out inventory forms, etc.)
Standardize the purchasing of equipment.
Standardize way of reception, accessibility and distribution of property.
Centralize the management of property.
Reduce paper and increase access to current data in real time.
Greater efficiency due to close involvement of custodians and database
managers.
Maintain uniform way of changes in property distribution across the
center.
Provide controlled inventory management for each Division, Department and
Office
Provide a responsible and productive system that will streamline the
process of property control across the Divisions, Departments and Offices.
Inventory Management Control System implements a warranty tracking system for all new property entering the organization's property management systems in order to lower the failure and replacement costs, and track down the responsible vendors when the need arises.The IMC system provides the consolidation streamline effort to allow one software tool to be implemented for inventory control across the Divisions, Departments and Offices. It also establishs property/inventory control infrastructure at the organization by providing the services that comes with the tool which is quality and safety compliant and will streamline the process.