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Documentation for Point of Sales and Inventory System

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Documentation for Point of Sales and Inventory System
1.1 Introduction 3
1.2 Background of the Locale
1.3 Statement of the Problem 1.3.1 General Problem 1.3.2 Specific Problem
1.4 Objective of the Study 1.4.1 General Objective 1.4.2 Specific Objective
1.5 Theoretical Framework 1.5.1 Conceptual Framework 1.5.2 Paradigm of the Study
1.6 Significance of the Study 1.6.1 Educational Significance 1.6.2 Economic Significance 1.6.3 Social Significance 1.6.4 Technological Significance
1.7 Scope and Limitation
1.8 Definition of Terms

Chapter
1
The Problem and its Setting

1.1 Introduction Point-of-Sale Inventory System is one of the essential components of a successful business. It is a modern replacement for the cash register in retail applications. It can help to record securely all the sales and customer’s orders, track products which are poor on business’ sales and of course manage inventory.

This particular system can improve the way, the small and mid-sized businesses do their inventory and sale transactions. It will aid some of the common problems facing by business industries, that in this era of modernization, still using a manual process of inventory. Common problems like slow inventory process, lost records, inventory shortages, and high risk of errors can affect the whole business. A manual POS Inventory System can affect the whole business process in terms of sales and confidential document security because a manual process is not reliable enough. It has a high risk of making an error

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