2025_EML Capstone Projects

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The project also aimed for a 10% reduction in overall inventory costs through improved efficiency and waste reduction. Tracking cost savings indicates the system's overall impact on financial resources. Lastly, user satisfaction was measured through surveys, with the goal of achieving an 85% satisfaction rate. User feedback is crucial for assessing how well the new system meets the needs of staff. The implementation of the Smart Inventory Management System yielded several positive outcomes and achievements. The inventory turnover rate improved by 18%, surpassing the initial target, indicating that the hospital is managing its stock levels more effectively. Additionally, the stockout rate was reduced by 22%, ensuring that critical supplies and medications were available when needed, which led to improved patient care outcomes (Yeole & Kalbande, 2018). The average time to fulfill inventory orders decreased by 35%, allowing for quicker responses to demand and enhancing overall operational effectiveness (Desai et al., 2024). Furthermore, the project achieved a total of 12% reduction in inventory costs , surpassing the planned target, attributed to better visibility into inventory levels and improved forecasting capabilities. Finally, post-implementation surveys revealed an overall user satisfaction rate of 88%, with users reporting that the system was intuitive and had significantly improved their workflow processes. Several lessons emerged from the implementation of the Smart Inventory Management System. First, the importance of stakeholder engagement was highlighted, as continuous engagement with all stakeholders throughout the project ensured that the system met the diverse needs of users (Sittig et al., 2020). Second, the necessity of comprehensive training was underscored, as the success of the new system depended heavily on adequate training, leading to improved adoption and overall success (Homauni et al., 2022). Additionally, the need

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