ADVANCED INVENTORY FOR MEDICAL DISTRIBUTOR (AIMD)

Authors

  • Aditya Thorat Department Of Computer Engineering, Dr. D. Y. Patil College of Engineering and Innovation, Varale, Talegaon Dabhade, Pune
  • Sanket Solanke Department Of Computer Engineering, Dr. D. Y. Patil College of Engineering and Innovation, Varale, Talegaon Dabhade, Pune
  • Sumit Thakur Department Of Computer Engineering, Dr. D. Y. Patil College of Engineering and Innovation, Varale, Talegaon Dabhade, Pune
  • Mayur Tidke Department Of Computer Engineering, Dr. D. Y. Patil College of Engineering and Innovation, Varale, Talegaon Dabhade, Pune
  • Aradhna Pawar Department Of Computer Engineering, Dr. D. Y. Patil College of Engineering and Innovation, Varale, Talegaon Dabhade, Pune

Keywords:

Medicinal Inventory System, AI Image Process- ing, Automated Data Entry, Machine Learning, Stockout Predic- tion, Inventory Optimization, Pharmaceutical Distribution, Bill Image Recognition, Predictive Analytics, Inventory Replenishment

Abstract

This paper presents the design and implementation of a medicinal inventory system tailored for distributors, integrat- ing advanced AI technologies to streamline inventory manage- ment. The system automates database entry through AI-powered image processing and text analysis, enabling the extraction of relevant data from invoices and bills captured via photos. This eliminates manual data entry, reducing errors and increasing efficiency. Additionally, the system incorporates machine learning (ML) capabilities to predict stockouts by analyzing historical sales data, demand patterns, and inventory trends. It also provides intelligent stock order suggestions to maintain optimal stock levels, ensuring uninterrupted supply. This integrated approach aims to enhance operational efficiency, reduce costs, and improve decision-making for medicinal distributors.

References

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Additional Files

Published

15-11-2024

How to Cite

Aditya Thorat, Sanket Solanke, Sumit Thakur, Mayur Tidke, & Aradhna Pawar. (2024). ADVANCED INVENTORY FOR MEDICAL DISTRIBUTOR (AIMD). International Education and Research Journal (IERJ), 10(11). Retrieved from https://ierj.in/journal/index.php/ierj/article/view/3735

Issue

Vol. 10 No. 11 (2024): NOVEMBER ISSUE, INTERNATIONAL EDUCATION AND RESEARCH JOURNAL

Section

Articles

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Copyright (c) 2024 International Education and Research Journal (IERJ)

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This work is licensed under a Creative Commons Attribution 4.0 International License.