Present invention discloses a system and method that allow users to manage and keep track of the inventory items stored inside a closed container through computer vision, digital imaging processing and recognition and scanning means wherein the user can catalogue items to be stored and later able to locate the items stored inside a container anytime, anywhere without having to open the container or come to the storage location. The system uses the camera of the user mobile device to function towards its working process. Specifically, this invention integrates digital images taken from the user's mobile device with that of an improved computer vision scanning means that can readily scan any handwritten mark or label drawn or affixed on the exterior of the box to display the details of the items stored inside it. Disclosed invention is configured to run on any handheld devices such as smart phones and routed to the mobile application for display to a user. The system further enables user to find inventories, update the items, adding up and share the information to other users which allows the inventory process to be easily managed at a very low cost for larger user population.