PROBLEM AND ITS SETTINGS
Introduction
Rationale
Inventory systems are tracking systems that inform the amount of raw materials, supplies or final products have readily available. Updated each time you sell an item or use raw materials to create and to know what you available for the following day or week. This type of system allows ordering products in advance, so you have everything you need at all times.
Man has come along his way in doing business transactions with each other. Inventory system put you a head in game. It helps you conduct business transactions with ease as you have to press a few keys. It liberates you from a countless paper works as computation of the day’s scale and keeping track of inventory done automatically. Technology has influenced and greatly simplified almost in every aspect of life today. It is amazing what technology has done to our society and how dependent we have on it. Having computers in the workplace has enabled the business to us more efficiently and has contributed in having an all around.
As what we have observed in the Paper Mill they are using manual method in inventory in each item that can take time and effort. With these things, we, the researchers, hope that upon the completion of this “Proposed Computerization in Inventory System” will find it of company. Through the use of system, unnecessary loss of the time spent on the computation of payments will be minimized and greater customer’s satisfaction will be achieved.
Background of the Study
In 1984 Danao Paper Mill was down due to economic declined and management of the Durano Company, that time they will produced 65 grams per meter of paper for cement packaging used only and during that time also it was loan to a certain bank sequestration follow for they have no longer pay the capital and interest. Therefore the bank make an auction, will things won’t be easy to acquire this plant due to reconsider