The important objective of this article is to know about compound management. Compound management has recognized a quick improvement since the late 1990s and is the foundation of present drug industry. The innovation of drugs mainly relies on the customs in which the dissimilar chemicals are assayed for their movement. The idea refers to the management of chemical libraries, which are necessary components of any pharmaceutical or bio-tech company. It requires the register of tiny molecules and biologics essential to assays and experiments.