THE PROBLEM AND ITS BACKGROUND
1.1 Introduction
Most companies or businesses are using Inventory and Monitoring System for their constant success and development. These systems have different application that focuses on managing on a specific area. It is made for the management of stocks and supplies of any material such as computer hardware parts of a company, wine supplies of a restaurant, and rice stocks of a farm that are in demand because of its efficacy and useful functions. The record manipulation of Cheque Printer consumables has been scrutinized to be cluttered, complex and weak as observed by the users who have the access to manipulate it. The reports and documentation are not properly enhanced and organized so there was a lack of information given to the suppliers of those specific machines for the request of new parts. An Inventory and Monitoring System is necessary and essential for the company in order to lessen the manual inputting and calculations, to reduce time used in writing each parts being delivered and installed, to produce adequate reports for every part needed, to generate exact tally sheet, to have correct consumables monitoring and many other useful functions and utilities.
The researchers got very much concerned with the errors in handling manually the records and the inaccurate data manipulation and so they conducted this research.
1.2 Statement of the Problem
The study was conducted to solve problems that are encountered when processing a request for printer consumables as well as checking the inventory for each stock and to investigate all other aspects of Inventory and Monitoring of Cheque Printers.
This study was raised to answer the following questions:
1. Does the company experience any delays on processing Cheque Printer Consumables request?
2. How well does the company coordinate with the suppliers?
3. How adequate is the record maintenance of each consumable part?
4. How precise is the