Inventory system Essay

ingressBACKGROUND AND RATIONALEIn instantlys generation, we are engaged in highly computerized technology aiming to enhance several(prenominal) lifestyle and most especi all in ally in the world of melody. Certainly, there are upsurge of small sell outlets, manufacturers, and other worryes that go forward to rely on manual government agency of ancestry tracking. Many companies and line of descentes are victimisation gross revenue monitor and scrutinize outlines for their achievement and growth. It is an powerful way for supervise gross gross gross revenue and tracking different ingatherings and materials that are transferred in and out of a ships beau mondes warehouse or establishment. Moreover, a sales observe and origin outline promotes rough-and-ready catalogue control which ensures stocking the market fitting and line up items in correct quantities. This musical arrangement throne care the company to avoid overstocking.When a company overstocks , money is wasted since procuring, storing, and invoice for un necessitate items require clipping, space, and money which could encounter been used on more than plausive and market equal as arranges. Having a developed system on sales monitoring and document makes the company more harvest- fourth dimensionive, efficient and handy both to the company and its client. The sales and inventory system is meant to help the company employees and mortalnel office to show customers more relevant items, hoping to facilitate and increase the sales and most importantly to increase the profit of the company. With the aid of a sales monitoring and inventory systems, return management leave behind be more invariable, reliable and efficient.Soundpoint Electronics and General Merchandise is a retail endeavour set at Brgy. Taboc, Borongan City, owned and managed by Mr. Crisanto Jose C. Labro.The computerization of their alert system is one of the primary savvy why I conducted thi s reading. I believed that with the computerized sales monitoring and inventory system, the problems met on the alert system provide lessen and in the end eliminate.STATEMENT OF THE PROBLEMThis moot aims to sort out the avocation existing manual sales monitoring and inventory problems1. Their present sales and inventory system is highly lying-in intensifier because they require continuous monitoring on their business enterprise on a daily basis.2. In wrong of their sales transactions, the only record that they make are the customers authoritative receipts and the problem with that is not all customers ask for an formal receipt. They lavatorynot localize how much their total profits are at the end of the solar day because their records or the authorized receipts that they detention are not complete.3. Lack of trade protection in terms of their sales and their products. The business owner will rally it serious to see if some products are deficient or missing bec ause they dont suck any written records almost the procurable products. 4. Unreliable inventory and sales identify. Because they dont have a complete records of their inventory and sales transactions, they cannot maintain any inventory or sales invoice that are really consistent and dependable.SCOPE AND LIMITATION OF THE STUDYThis athletic field was conducted at Soundpoint Electronics and General Merchandise located at Brgy. Taboc, Borongan City. This was conducted during the first semester of school stratum 2013 2014. The proposed sales monitoring and inventory system will 1. This can no lengthy be highly labor intensive because with the aid of the sales monitoring and inventory system, they can monitor their sales and determine their lacking and unavailable products with the accurate reports that the system will generate. 2. After each customer transaction, the system will generate an official receipt and from then, they will be able to have a record and they can now det ermine their earnings.3. Promote selective information security in terms of making the files always updated and easy to locate to leave alone a faster mean of doing the inventory. illegitimate employees and persons will not be able to use the system unless under the watchfulness of the business enterprise owner. 4. Enable to bring forth accurate reports. A sales report to live the earnings of the business enterprise daily, weekly, monthly and yearly and an inventory report to seewhat products are lacking and unavailable. further this sales monitoring and inventory system will not cover the following1. Payroll report of the employees.2. Ordering of the needed / lacking products in the business enterprise. importation OF THE STUDYSOUNDPOINT ELECTRONICS AND GEN. MERCHANDISEThis study will vastly contribute to the management in improving its level of sales and inventory management consistency, efficiency, accuracy and convenience in providing and giving services to owner, employe es and customers.PROPONENTThis study will help the proponent watch and appreciate the importance of the sales monitoring and inventory system for all business enterprises and establishments. This study will similarly repair her knowledge and experience in thesis writing as well as creating the Sales Monitoring and Inventory trunk. prox RESEARCHERSThis study will greatly help the future researchers to be aware on how important a sales and inventory systems in a certain business enterprise.This study can be a reference to the future researchers who undertake studies in the same nature, besides as role for other topics/areas. In addition to this, it will offer essential information and learning experiences to the future researchers, to expand their knowledge in the fields of System Analysis and creation and Software Development. And the study will also help the future researchers to gather evidential information and to learn more slightly the problems that most business ente rprises encountered in their sales and inventory management.CUSTOMERSThe customers will be benefited in a way that their actes andtransactions in the business enterprise will be much easier and faster because of the computerized sales monitoring and inventory system.SUPPLIERSThis study will also be helpful to the product suppliers in terms of in every product name, the name of the supplier or the company of the supplier will be seen. If the time comes that the products are already lacking in the business enterprise, the proprietor will know who the suppliers are and can contact the suppliers immediately. translation OF TERMSAccuracy- the ability to be finespun and avoid errorsComplexity- the condition of being thorny to analyse, take in and solveComputer- machine that practise tasks, such as calculations or electronic communication, under the control of a set of instructions called a program computerise to store information in a computer system or process it by a computer th ingumajig the quality of being or making things easy, useful, or of increasing comfort guest a person or company that buys goods or servicesData information, a form that is suitable for storage in or processing by a computerEmployee a paid proleEnd User a person or group that is one of the last consumers or users that a software product has been designed forFeasible capable of being achieved or put into effectGantt chart a chart in which plain lines show the actual and projected totals of time involved in completing a particular task or scope specific levels of productionInventory System are tracking systems that inform you of the amount of raw materials, supplies or final products you have readily availableManageability able to be handled or controlled without much worryManufacture a factory, person, or brass section that produces finished goods from raw materials, especially on large industrial scale marketable Assets products that fit to be sold, in demand and therefore relatively easy to snitchMonitoring Staff- anemployee or personnel who checks for infatuated and damage productsPersonnel the people assiduous in an organization, business or build up forceProducts items sold in a storeProponent- the student who analyzes and researches in great detail in order to understand and discover more about this studyProprietor the owner of a technical enterprise or establishment filename extension a source of informationtec a person who study something methodicallySuppliers- a person that provides or sells available or needed products by a company or any retail enterprisesUtilize- to make use of something or find a practical or effective use of something