Preview

Dragon Boat Racing Store Case Study

Good Essays
Open Document
Open Document
1057 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Dragon Boat Racing Store Case Study
Case organisation

Dragon Boat Racing Store (DBRS) is a small owned business with fifteen (15) employees, and it has been in operation for the past six (6) years. The company is located in the compound of the Trinidad and Tobago Sailing Association, and they are one of the few dragon boat racing sports retail outlet in Trinidad and Tobago (Howard, 2017). The owner, Mr. Anthony Howard, started this business because of his passion for the sport, since there were few suppliers locally that procures and sells dragon boating equipment, accessories and apparel in the local market. DBRS’s main goal is to have local market dominance and in the future, have regional expansion in the field of dragon boating equipment, accessories, and apparel.
DBRS …show more content…
The system will benefit the staff to have an easy control of goods in the store and what is in the warehouse. In addition, it is aimed to provide accurate information on products and it will be an easier way to effectively calculate products sold and balance of stock. Employees will be motivated to adopt the new system since it will be an easier way to manage the inventory. The report is also aimed at providing an enhanced customer service experience at DBRS by implementing an inventory management system which will have the ability to generate reports, maintain the balance of the stock and have details about the purchase and sales in the …show more content…
As such, the case study presented above allowed the student to closely examine all of the relevant issues as it pertains to inventory management and what is currently taking place within the organisation. As such, a conclusion will be drawn and the key findings and implications will be sought as it pertains to whether if an inventory management system should be implemented at
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Qrb-501 Week 2 Team Assignment
    • 2054 Words
    • 59 Pages

    Qrb-501 Week 2 Team Assignment

    The purpose of this group assignment is to collaborate as a team to compare different inventory systems and describe the advantage and disadvantages of each system in comparison to the others. Management of inventory is important to any business that wants to succeed. Companies purchase inventory systems to help manage the inventory of an organization. Team A reviewed the following companies and their inventory management programs: Best Buy, , and . This Inventory System Summary includes a description of the chosen companies and their inventory systems, and a comparison describing the advantages and disadvantages of each system. Best Buy…

    • 2054 Words
    • 59 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Automated Sales and Inventory System
    • 2636 Words
    • 11 Pages

    Automated Sales and Inventory System

    For almost two years in the industry the proprietor are using the manual inventory system. With this kind of system the process of their transactions are very slow and it is a time consuming to their business transactions. This is the main reason why they decided to shift from manual to automated sales and inventory system. The shifting of inventory was made possible by the proponents to make the daily transactions of the company faster, easier and more accurate. The system helps them to eliminate problems on sales, storage and retrieval of inventory data for the…

    • 2636 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Good Essays

    Specialty Retail Group
    • 674 Words
    • 3 Pages

    Specialty Retail Group

    Speciality Retail Group’s (SRG) solution worked by getting help from Kewill in dealing to reduce warehousing, transportation cost, reduce delivery time and to increase the exchange of stock and sales data between SRG and its suppliers. Kewill is a leading provider of software solutions that enable enterprises and logistics providers to manage the movement of goods and information across the globe. By pairing up will Kewill, it has benefited them in so many ways. First off Kewill is a provider of business-to-business supply chain solutions that helped SRG from the bottom to the top with all the logistic activities that take place. Kewill helped SRG facilitate the exchange of business between SRG, to its suppliers and to its carriers. The system accommodates all elements from purchasing the orders, to delivery times, and the stock availability of the product. Inputs of SRG are the raw materials that they use to make the product. All of SRG’s suits are hand made over seas. They use high quality fabrics, tailored products, which were tailored and shipped to warehouses.…

    • 674 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    An Analysis on Inventory Management at Whirlpool of India Limited, Puducherry
    • 10704 Words
    • 43 Pages

    An Analysis on Inventory Management at Whirlpool of India Limited, Puducherry

    The study starts with an introduction to inventory management, Company’s profile, its Vision & Mission, Achievements and also the need for study, review of literature and objectives are set out for the study. Research methodology, Data analysis & Interpretation, Findings and Suggestions of the study follow.…

    • 10704 Words
    • 43 Pages
    Powerful Essays
    Read More
  • Good Essays

    Inventory Management System Proposal
    • 702 Words
    • 3 Pages

    Inventory Management System Proposal

    The new system proposal that will be introduced to Riorden manufacturing is an inventory management system. An inventory management system is used to control inventory for the products that are sold to the customers and the supplies that are used to help serve the customers. This new system will avoid mistakes as the inventory system will eliminate the need of manual inventory control and manual ordering of the products and supplies. This inventory management system will help the growth of the company by increasing the inventory to accommodate for the customers’ needs as outage of products and supplies will be eliminated and over the limits of products and supplies that are not needed will not be wasted if expired or never used.…

    • 702 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    SALES and INVENTORY monitoring system
    • 2687 Words
    • 11 Pages

    SALES and INVENTORY monitoring system

    Moreover, the inventory system promotes effective inventory control which ensures stocking the in demand and correct items in the correct quantities. This system can help the company to avoid overstocking. It maintains a Database of the Suppliers and Customers to handle a hundreds to thousands of products for sale, allow several users to use the system with varying access level, easily track…

    • 2687 Words
    • 11 Pages
    Good Essays
    Read More
  • Powerful Essays

    A Secondary Research Study on Inventory Management
    • 6197 Words
    • 25 Pages

    A Secondary Research Study on Inventory Management

    4.3 A flawed or unrealistic business plan for a business for the future ---------- 5…

    • 6197 Words
    • 25 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    form 137 system
    • 1480 Words
    • 6 Pages

    form 137 system

    All businesses rely on inventory systems to be able to run their business. Inventory systems play this vital role by accounting for…

    • 1480 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Best Essays

    Inventory Analysis
    • 4449 Words
    • 19 Pages

    Inventory Analysis

    The objective of this study is about inventory management in an organization. The study will be assessing the effectiveness of inventory management in an organization. It will try to find out various methods of managing inventory in an organization. The case study design will be applied in this study and the study will be carried out at XYZ Ltd.…

    • 4449 Words
    • 19 Pages
    Best Essays
    Read More
  • Good Essays

    sales and inventory system
    • 1699 Words
    • 7 Pages

    sales and inventory system

    In an aim for an efficient & well-managed inventory management system necessities as today’s society the production of a store billing & management system that functions as an easy to check stocks & make a reservation of a costumers in what transaction needed of the costumer. They need to have an efficiently inventory management system makes it necessary considering that the same time is business in the making.…

    • 1699 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Sales and Monitoring
    • 391 Words
    • 2 Pages

    Sales and Monitoring

    Inventory and Monitoring System is an effective way for monitoring and tracking different products and materials that are transferred in and out of a company’s warehouse or establishment, store or market place usually for accounting purposes. It is also important for a company to monitor all the transactions, events or movements of goods in order to keep an account of all their stocks. However in some establishments or company, the inventory of the product is done manually in such a way that an employee writes down the information of different products every time it is transferred in and out of the room. The same case applies in CLB Property Office; and as a result, the inventory and monitoring system becomes prone to human error and would be more time consuming which will most likely be a loss for the institute.…

    • 391 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Thesis: Inventory Control
    • 4783 Words
    • 20 Pages

    Thesis: Inventory Control

    With these things in mind, we hope upon the completion of our proposed system, retailing inventory system will provide an easy way and an accurate way to know the ending balance of a business’ inventory especially made for small-scale merchandising business such as groceries. Through the use of this system, loss will be minimized and greater client satisfaction will be achieved. In this way, on the part of the business, they will know immediately the most demanded products, and will help them avoid over stocking of products. It will also help in knowing if they are earning their desired profit, or already undergoing a loss, and all the transactions dealing with their products will be input effortlessly. Through the help of this system you conduct business transactions with ease as you only have to press a few keys. At the end of the day, all transactions will be properly documented and generation of reports will just be a few steps away.…

    • 4783 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Good Essays

    Inventory
    • 15920 Words
    • 64 Pages

    Inventory

    I hereby declare that this original main project report titled “Inventory Management” submitted by me to the miracle educational society group of instiutions bhogapuram, vizianagaram. In fulfillment for the award of the degree of Master of Business Administration is original and it wasn’t previously submitted to any…

    • 15920 Words
    • 64 Pages
    Good Essays
    Read More
  • Good Essays

    Sales And Inventory Management System
    • 3009 Words
    • 9 Pages

    Sales And Inventory Management System

    The purpose of having Sales and Inventory System is to process the tracking inventory products as well as the sales transactions. This support updating information for all items, monitoring inventory depletion and importing and exporting inventory information to form and from external system of records. It does almost every work which is related to an automatic sales and inventory via sales transactions and it is automatically directly to an inventory products. It generates reports in a particular given situation. The Sales and Inventory System is developed as per seeing the increasing requirement to speed up the work and incorporate a new work culture. Thus new software has been proposed to reduce manual work, improving work efficiency, saving time and to provide greater flexibility and user-friendliness as the system previously followed was totally manual one with lots of error…

    • 3009 Words
    • 9 Pages
    Good Essays
    Read More
  • Good Essays

    Inventory Management
    • 9764 Words
    • 40 Pages

    Inventory Management

    It is a great sense of satisfaction and a matter of privilege to me to work at National Informatics Centre, New Delhi. I wish to express my heartiest thanks to Border Road Organisation Division for providing me the opportunity to under go training in the esteemed organization. Under such a nice environment, systematic work approach and target oriented task management of this division provided me with the much-desired training experience needed for future software professional.…

    • 9764 Words
    • 40 Pages
    Good Essays
    Read More

Related Topics