Preview

Computerized Sales and Inventory

Powerful Essays
Open Document
Open Document
3352 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Computerized Sales and Inventory
1. Introduction 1.1 Background of the Study Technology results computerization which has been a common part of our everyday needs in this world. Rapid advances in technology have helped to meet these demands of society. Computerization has been somehow revolutionized the modern world which ushered what we called the “Information Age”, where knowledge has become accessible and available to everyone. The proponents have witnessed its evolution, and even its enormous benefits. Due to this, its importance can no longer be denied.

The modern age of computerization made it plausible on business and corporate organizations to keep up with the demands of their industries. At present, most businesses are equipped with the latest Information Technology Systems that allow them to function fully and effectively in the efficient delivery of their products and services. But still, some small and medium-scale companies still rely mostly on pure human efforts to do some tasks.

Through Sales and Inventory System, the importance of computerization is vastly utilized. A system is a set of detailed methods, procedures, and routines established or formulated to carry out a specific activity, perform a task, or solve a problem. Sales and Inventory System is one of the most important systems on process of any business because it involves the management of products, materials, and equipments which is vital on production management. Inventory is a process of counting products and listing goods and materials available in stock by a business. An inventory of stocks consists of all the physical assets of a business. It is usually performed in order to know the availability of products. A sale is the pinnacle activity involved in the selling of products or services in return for money or other compensation. It is an act of completion of a commercial activity. The Sales and Inventory System is made necessary in order to keep inventories at their

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Inventory systems are the methods by which businesses keep track of their stocks, goods, and services. Through these systems, managers are able to determine shortages in their goods and put in orders to replace those that have been sold, finished from the shelves, or sold out.…

    • 662 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Computer and Enrollment

    • 1794 Words
    • 8 Pages

    The technology todays plays a vital role in our society. It makes man work easier and fast. The discovery of computer was the great function of modernity for different to make work easier, more capable and more adaptable for the humanity. This desire to simplify lives and perform more effectively creates a new technology for improving lives within our society. Because need exist, man developed and applied technology to fill those needs. Technology is one of the tools to solved man’s craving for their needs. It made the man more efficient for students and provide path to communicate to entire earth.…

    • 1794 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Sales and Inventory System

    • 4860 Words
    • 20 Pages

    The objective of this chapter is to identify key operational measures that may be used to study process flows. They are linked together using Little's law. We then present a series of examples that show how process flow analysis may be used to study performance. The objective is to study current performance as well as identify target areas for improvement. We also link the operational measures of performance to financial measures.…

    • 4860 Words
    • 20 Pages
    Powerful Essays
  • Better Essays

    Sales and Inventory System is an inventory tracking system that gives you up-to-the-minute detailed information on each item in your inventory. You 'll know exactly how much inventory comes in, how much is on-hand now, and where it goes.…

    • 1098 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Changes in technology bring significance and advancement in our lives. From an industrial society, the researcher is in transition to an information society. The process of deriving in this transition and advancement of man are the computer and the people who strive to work for these changes. This advancement of computer had been a great factor in our daily living. Nowadays, computer plays a big role in many people live in the world we live in today. Making life easier and more convenient to the people’s to be a…

    • 479 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Yakult was introduced to the Philippines in 1978. Its popularity among Filipinos has significantly grown in the past 33 years. There are two main companies in the Philippines, the Yakult Philippines Incorporated (YPI) and Yakult Marketing Corporation (YMC). Yakult Philippines Incorporated (YPI), an independent company, is a manufacturer and wholesale retailer of Yakult products from Yakult Honsha Co. LTD Japan with a joint venture and shares of investment of 60% for Filipinos and 40% for the Japanese investors. The factory is located in Barrio Makiling, Calamba, Laguna. They have twenty-five distributors from Luzon to Mindanao, supplying the whole country especially wholesale clients. The Yakult Marketing Corporation (YMC) retails their products and incorporates the Yakult Lady System that started in Metro Manila and NCR, then adapted by distributors all over the country.…

    • 613 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The Inventory System is the one tracking the incoming and outgoing stocks and the recorded and real-time stocks of the Company. Our team decided to combine the two separate systems into one for them to track real-time deficiency on both the sales and the inventory of their stocks.…

    • 532 Words
    • 3 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.…

    • 1210 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Today in society, people cannot conceive of a life without technology. Surrounding us are various technologies that are helping people to live their lives with more luxury. Technological advancements are not just limited to computers; there are many other fields in which it has made significant ground breaking developments such as from carts to cars, from constantly being pinned down by gravity to air travel and from being confined to the earth to travel among the stars. There are many significant persons throughout history that have made ground breaking discoveries such as Blaise Pascal, Charles Babbage and Herman Hollerith which in turn laid the foundation for modern IT professionals such as Bill Gate and Steve Jobs. Information Technology (IT) involves more than just computer literacy; it also takes into account how computers work and how these computers can further be used not just for information processing but also for communications and problem solving tasks as well. Our world today has changed a great deal with the aid of Information Technology. Jobs that were once done manually have now become computerized, simply requiring a single click of a mouse to get a task completed versus years ago when everything was exceedingly more difficult. With the aid of IT we are not only able to streamline our business processes but we are also able to get constant information in 'real time' that is up to the minute and up to date. The significance of IT can be seen from the fact that it has penetrated almost every aspect of our daily lives and the society, from business to leisure. Therefore in order to understand more deeply about IT it is important to inspect the evolution of technology and some of its uses and…

    • 3910 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    This business project will address current business concerns, the benefits of the project, and the recommendations and justifications of the project. This business case also discusses the project goals, performance measures, assumptions, constraints, and alternative options.…

    • 685 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Sales and Inventory System

    • 3230 Words
    • 13 Pages

    The purpose of this chapter of The Guide is to explain the concept of inventory and to discuss the policies, guidelines, and procedures associated with inventory on the Boulder campus.…

    • 3230 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    * How to design and develop a module that will help the user to perform inventory?…

    • 480 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    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.…

    • 2031 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Sales and Inventory System

    • 2413 Words
    • 10 Pages

    Sales and Inventory Systems are used to collect data, analyze and shape the data that is collected, and make sound decisions or construct strategies from analysis. Whether computers, databases, or people are involved usually does not matter.…

    • 2413 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Sales and Inventory System

    • 2715 Words
    • 11 Pages

    Sugarman, Alan, and Kanner, K. (2000). The contribution of psychoanalytic theory to psychological testing. Psychoanalytical Psychology, 17, 3-23.…

    • 2715 Words
    • 11 Pages
    Good Essays