Project Scope

The objective of this project is to develop and implement an advanced inventory management system for ABC Corporation. The existing system is outdated, labor$-$intensive, and prone to errors, leading to inaccurate stock reporting, delayed order processing, and difficulties in tracking product availability. These issues result in missed sales opportunities and increased operational costs.

The new solution will serve as a centralized platform that ensures efficient inventory management across all locations. It will provide real$-$time monitoring, accurate stock tracking, streamlined order fulfillment, and seamless integration with other critical business operations. This approach aims to maximize profitability, improve operational efficiency, and enhance customer satisfaction by addressing the current challenges faced by ABC Corporation.

Functional Requirements

$[$Inventory Management $($IM$)]$

The purpose of this feature is to ensure accurate and efficient inventory management, improving operational efficiency and customer satisfaction.

ID Requirement

IM$-$FR$-01$ The system shall allow store managers to update inventory levels in real$-$time.

IM$-$FR$-02$ The system shall enable logistics managers to track incoming and outgoing shipments.

IM$-$FR$-03$ The system shall provide the sales team with quick access to current product availability.

IM$-$FR$-04$ The system shall automatically adjust stock levels based on sales and restocking activities.

IM$-$FR$-05$ The system shall alert managers when inventory levels fall below a predetermined threshold.

$[$Order Processing $($OP$)]$

The purpose of this feature is to enhance the efficiency and effectiveness of order fulfillment and logistics operations.

ID Requirement

OP$-$FR$-01$ The system shall automate order routing to the appropriate warehouse based on customer location.

OP$-$FR$-02$ The system shall provide customers with real$-$time updates on their order status.

OP$-$FR$-03$ The system shall automate picking and packing processes in the warehouse.

OP$-$FR$-04$ The system shall allow warehouse staff to generate shipping labels automatically.

OP$-$FR$-05$ The system shall track order fulfillment status and provide reports to management.

$[$Reporting and Analytics $($RA$)]$

The purpose of this feature is to provide stakeholders with insights to make informed decisions and improve operational efficiency.

ID Requirement

RA$-$FR$-01$ The system shall generate customizable reports on stock turnover and demand forecasting.

RA$-$FR$-02$ The system shall provide a dashboard showing key performance indicators $($KPIs$).$

RA$-$FR$-03$ The system shall track supplier performance metrics for negotiation purposes.

RA$-$FR$-04$ The system shall allow users to export reports in multiple formats $($PDF$,$ Excel$).$

RA$-$FR$-05$ The system shall provide real$-$time data visualization for inventory trends.

$[$Integration and Training $($IT$)]$

The purpose of this feature is to ensure successful system implementation and integration while maintaining data integrity.

ID Requirement

IT$-$FR$-01$ The system shall integrate with existing accounting and ERP systems.

IT$-$FR$-02$ The system shall provide data migration tools to transfer existing inventory data.

IT$-$FR$-03$ The system shall include a training module with tutorials and user guides.

IT$-$FR$-04$ The system shall track the progress of implementation and report on milestones.

IT$-$FR$-05$ The system shall offer technical support through a helpdesk feature.

$[$Customer Interface $($CI$)]$

The purpose of this feature is to provide a user$-$friendly platform for customers to check product availability and place orders.

ID Requirement

CI$-$FR$-01$ The system shall allow customers to search for products by category or keyword.

CI$-$FR$-02$ The system shall display real$-$time inventory availability to customers.

CI$-$FR$-03$ The system shall enable customers to place orders online.

CI$-$FR$-04$ The system shall provide customers with order tracking and status updates.

CI$-$FR$-05$ The system shall allow customers to save their payment and shipping details for future purchases.

Nonfunctional Requirements

$[$Quality Attribute$]$

ID Requirement

NFR$-01$ The system shall ensure $99\mathrm{.}9\%$ uptime to minimize disruptions in inventory management and order processing.

NFR$-02$ The system shall process inventory updates and order transactions within $2$ seconds.

NFR$-03$ The system shall comply with industry$-$standard security protocols to protect sensitive data.

NFR$-04$ The system shall be scalable to support additional users and inventory locations without performance degradation.

NFR$-05$ The system shall provide a user$-$friendly interface that is intuitive and easy to navigate.

Support your functional requirements with basic wireframes. Create a basic wireframe for each feature.