inventory system introduction
Chapter 1 INTRODUCTION
Nowadays, computer-based system is commonly found in the business world. This is because of the benefits it gives in the respective companies. In addition, an upgraded system in this point of time is a big advantage due to the great deal of the competition in our economy. Technically, logical and analytical skills will certainly improve after this study. Hopefully, this study will also be character-building and still upon the importance of teamwork and maintaining harmony within the group which will be quite handy in the corporate world. One of the disadvantages of not having a computerized Inventory System is that, there a chance of inaccurate data record in a manual inputting of inventory records. Also there is a delay in updating records due to manual process. Miguel’s Home Merchandise is a growing company with an increasing size of customers. And so, today the company needed a computerized based program that can handle such difficulties.
1.1 Statement of the Problem
1.1.1 General Problem
How to develop an Inventory System with Point of Sale for Miguel’s Home Merchandise that will improve the current process of inventory, lessen the time consumed in categorizing, pricing, monitoring of the items and customer’s transaction? 1.1.2 Specific Problems
1.1.2.1 How to develop a module that will provide an inventory and transaction system for the company? Currently, the company is still using calculator to compute the total amount of items purchased by the customers. For this reason, there are some instances where error occurred using this manual way of computation.
1.1.2.2 How to develop a module that will monitor the reorder and critical level of company’s items? Since the company is conducting an inventory every week by manual record, there are some instances where not aware on what are those items are in reorder or critical level.
1.1.2.3 How to develop a module that will generate fast and accurate reports?
Nowadays, computer-based system is commonly found in the business world. This is because of the benefits it gives in the respective companies. In addition, an upgraded system in this point of time is a big advantage due to the great deal of the competition in our economy. Technically, logical and analytical skills will certainly improve after this study. Hopefully, this study will also be character-building and still upon the importance of teamwork and maintaining harmony within the group which will be quite handy in the corporate world. One of the disadvantages of not having a computerized Inventory System is that, there a chance of inaccurate data record in a manual inputting of inventory records. Also there is a delay in updating records due to manual process. Miguel’s Home Merchandise is a growing company with an increasing size of customers. And so, today the company needed a computerized based program that can handle such difficulties.
1.1 Statement of the Problem
1.1.1 General Problem
How to develop an Inventory System with Point of Sale for Miguel’s Home Merchandise that will improve the current process of inventory, lessen the time consumed in categorizing, pricing, monitoring of the items and customer’s transaction? 1.1.2 Specific Problems
1.1.2.1 How to develop a module that will provide an inventory and transaction system for the company? Currently, the company is still using calculator to compute the total amount of items purchased by the customers. For this reason, there are some instances where error occurred using this manual way of computation.
1.1.2.2 How to develop a module that will monitor the reorder and critical level of company’s items? Since the company is conducting an inventory every week by manual record, there are some instances where not aware on what are those items are in reorder or critical level.
1.1.2.3 How to develop a module that will generate fast and accurate reports?