Inventory management mentions a process of inventory level controlling at any given point of time, reduce costs and its bottle necks, official process and procedure of ordering, inventory storing levels, raw materials inventory levels, components levels, Stock in hand, finished goods inventory levels etc., and manage current & future stock needs. An accurate & best way to do a organized & successful inventory management is to capture data’s precisely & accurately, timely, quickly and error free, using automatic data capturing technologies, during the complete inventory management operational process and ensure the accurate stock in hand is available when required and the exact bill of quantities are ordered.