Preview

Inventory management system

Powerful Essays
Open Document
Open Document
3997 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Inventory management system
Chapter I
THE PROBLEM AND ITS SETTING
Introduction
Technology is simultaneously advancing together with what internet offers. Many system made by programmers and companies are innovating people look and need them via internet. One click, thousands results, probably millions or ever billions of different system. One button press brings people to new discoveries and massive enjoyment. A sales and inventory system is a system that can handle a company data. With this system, company will not easily lost their record of items and record of their daily, monthly or yearly income. Some companies have not yet developed their system like this, they still in the handing out of records manually, then write it on in an inventory book. Yet the main problem with the manual inventory is easy to lost, recording is slow and spend a lot time when doing it. With the sales and inventory management system, recording became easy and didn’t spend a lot of time. It can also print a receipt, records of items sold daily, record of stocks and it can add a new item or edit a price or designed.

PURPOSE OF THE STUDY

The proponents design a Point-of-Sale and Inventory System to automate the transaction of ALMER’s Digital Printing and Audio Visual Presentation. This system helps the client to minimize the time in computing the amount to be paid by the customer and in tracking the supplies of the shop. The system is not a hassle for the client since the proponents designs the system in a user-friendly way. The ALMER’s Digital Printing and Audio Visual Presentation Point-of-Sale and Inventory System aims to make the work easier and comfortable. Computations and monitoring of the supplies and sales is fastened in this matter. There is consistency in accessing the reports since all transactions are saved in a database that later on generates the appropriate reports.
BACKGROUND OF THE STUDY
Companies are using inventory systems for quickly growth and success. Inventory systems

You May Also Find These Documents Helpful

  • Good Essays

    Cis 210

    • 312 Words
    • 2 Pages

    The system will be user-friendly and provide reliability and versatility in performance of application. It will make tracking inventory simple and flexible. It will allow tracking and scanning inventory away from the physical computer. The automated system will update the inventory records and perform transactions on an instant basis. The system…

    • 312 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Ltb Inventory Systems

    • 1749 Words
    • 7 Pages

    Inventory Systems are the software used to plan and track inventory balances and activities (Investopedia, 2012). There are many inventory systems, which can be used in an organization to track products sold or used. Team B’s team members will describe his or her organization and the current inventory system he or she uses. Each member will discuss the advantages and disadvantages of his or her inventory system. Team B will also do a comparison between each organization to identify the strengths and weaknesses. Below one will find the discussion to the topics mentioned above.…

    • 1749 Words
    • 7 Pages
    Better Essays
  • Better Essays

    In today's business environment, even many smaller businesses have come to rely on computerized inventory management systems. Automated systems can replace the cost and time consuming processes that were once completed by hand while providing companies with more accurate data. Inventory control is important to ensure control in businesses that handle transactions revolving around consumer goods. Without proper inventory control, a store may run out of stock on an important item. A good inventory control system will alert the retailer when it is time to reorder (www.barcodesinc.com). It will also aid in the prevention of theft and product loss. Overall, a good inventory system will increase the value of your business, satisfy your customers and create more freedom in your life. In this paper, I will describe all the necessary equipment for a low-cost automated inventory system for a small clothing store. I will also explain the costs involved in the creation of the system, describe the ongoing maintenance that will be required and provide a workflow diagram to illustrate how the system will work.…

    • 973 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    The Primary user of the new computerized system is the biller and the warehouse supervisor. The Biller prefers more convenient design and arrangement of interface. The use of icons or images together with its description to represent a function is much appreciated. There must be a function where a biller can modify saved data for correction of typographical error. There should be sales back tracking function depending on what date is desired. System should allow modification of receipt prior to printing the data. There should be a report generator base on the desired type of report needed. The warehouse supervisor also prefers non complicated design and arrangement of functions. In monitoring inventory there should be a function to easily display items categorized per manufacturer or supplier name. There should be a filtration of data in each category like product expiration date and product quantity. The computerized system should be able to produce inventory report.…

    • 782 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Meanwhile, there is this thing called sales and inventory system. This system can replace the cost and time consuming processes that were once completed by hand while providing companies with more accurate data. This system is used to track the merchandise and goods of retail stores, grocery stores, hardware stores, etc. Automated inventory systems play a large role in today’s businesses, especially the retail industry. This is because businesses want the ability to access and organize data in a quick and efficient manner. (Lexi Hartman, 2005)…

    • 1493 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Many people use computers in their daily lives. Some use it for transactions, some use it for educational purposes and others use it for data storage. Though it might sound unnecessary but in some cases when storing a file for such a big company, can you manage it properly? Organizing, finding a file, etc. With computers, it can help you simplify the process of storing and managing the files you need for future use and make finding files easier than the manual process. Computerized Sales and Inventory System is a product of human knowledge with a use of technology so why not use technology as an advantage and benefit ourselves. This proposed system aims to lighten works and solve the problems involving strict and complex recording and calculations.…

    • 3143 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Point of sale

    • 410 Words
    • 2 Pages

    As problems stated above occurred in their business transaction, the proponents proposed a Point of Sale System in replacement of their manual sales and inventory process that gave the owner a hard time to finish her works in time. This system comprises an inventory system to keep track on the inventory items (item descriptions, quantities, cost and selling price) for every products received/distribute, every item sold, also all damaged/remaining products.…

    • 410 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Most companies nowadays use computers in transacting with their clients. Companies are now making their systems computerized because using a computerized system will help the company minimize the time and efforts consumed by using manual system. A sale refers to the exchange of product or services for an amount of money or its equivalent while Inventory in a business, is a total amount of goods and the act of counting them. A company owner must know the precise number of items in their storage areas in order to place orders and control losses. Computerizing both Sales and Inventory System will make an easier and faster transaction with the customers as well as monitoring the stocks of the products.…

    • 3433 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Inventory Systems help companies with huge inventories to easily and accurately monitor their stocks. With the use of a database, information will be readily available to the user and can be easily updated without having to scroll through spreadsheets.…

    • 656 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    RLM Drugstore, using manual system according to our interview to the owner of the drugstore, they cannot specify the exact amount of sales and item sold, they have complications on sales and Inventory due to human errors and also laboriousness and time consuming when it comes to generating sales and inventory reports, for obvious reasons that it is done manually. Manual inventory systems turned out to be slow and inaccurate resulting to problems like running out of stocks and slow computations of product prices being bought by the customers. List of files, and papers in these files are difficult to document and maintain, thus prone to risk of loss or damage, making the system inefficient. The owner of RLM Drugstore want a computerized system to hasten their work for the inventory, so the developer makes computerized sales and inventory system to solve the problem of RLM Drugstore. The degree of success of a business greatly depends upon controlling the merchandise inventory.…

    • 501 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Liberty Hardware Store

    • 5177 Words
    • 21 Pages

    Transaction processing systems are commonly used to operate businesses. In this era, manual transactions evolved into computerized ones. Manual inventory systems turned out to be slow and inaccurate resulting to problems like running out of stocks and slow computations of product prices being bought by the customers. The degree of success of a business greatly depends upon controlling the merchandise inventory. The continuously improving and upgrading of computer usage into more powerful and useful applications has made managing business transactions a lot more efficient and easier. Today, businesses use the computer to assist in controlling and monitoring many aspects of the businesses, since manual approach in data processing could no longer meet the demands of increasing volume of transactions.…

    • 5177 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    To make a comprehensive and a user friendly user computerized Point of Sale and Inventory System…

    • 564 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Inventory System

    • 289 Words
    • 2 Pages

    The study is focused to look for a drugstore that conducts manual recording and counting of their supplies. This is to provide them a system that can make their transactions faster and reliable. The system will cover the transactions between owners, the recording of the records in the database and the computation that will provide accurate cost of dealings.…

    • 289 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Inventory System

    • 641 Words
    • 3 Pages

    Since manual inventory consumes a lot of time and is susceptible to errors, it would be helpful to build a system that will automate the transactions from acquisition of the product description to updating the inventory database. The automated inventory system will improve employees’ work efficiency by automating routinely and time consuming tasks such as the time spent in taking down product information. As a result, the time can be used in activities that are more productive.…

    • 641 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Inventory System

    • 579 Words
    • 3 Pages

    Technology in today's modern society is constantly evolving at a rapid pace. Almost every thing that surrounds us is all about technology. The need of technology is affecting almost every area of society, including company's businesses. In today’s business environment, even small and mid-sized businesses have come to rely on sales and inventory systems. Advanced system on sales provide more reliable recording of sales of the company. Sales and inventory makes the company more productive, efficient and convenient to the company and it's clients. This sales and inventory system is meant to help the company to show to their customers that they are inline with the use of technology for it's demand is extremely high. By providing more reliable recording of sales of the company, hoping to increase their sales and most to increase the profit of the company. Using the computerized way of inventory is much more superior and far quicker than using the manual system. Indeed, implementing sales and inventory system on a company is a big help because it lessen the work load of the employees and minimize the factor of human error.…

    • 579 Words
    • 3 Pages
    Satisfactory Essays