STG Incorporated Container Inventory Project

Abstract

The project's primary objective is to improve equipment yard efficiency and inventory management for STG Incorporated by developing a physical inventory system, developing a digital inventory management component, and implementing the system into the Telecom Department’s Spare Parts Container. This project is needed because there is no current digital inventory management system, causing unnecessary spending through redundant procurement. First, a physical organization system was developed based on industry best practices and a comprehensive review of academic literature and pertinent online industry articles on the subject. This system ensures that items are stored logically, which makes locating and accessing equipment much easier. Additionally, a digital inventory management system was created to reflect inventory physically organized. This system will facilitate accurate tracking of inventory, allowing for greater visibility for forecasting material needs for future projects. In summary, this project aims to enhance STG Incorporated inventory management by providing an effective inventory system that enables easy access to materials and better tracking of material needs, improving productivity and reducing redundant procurement.