Liberty Hardware Store
Chapter I Introduction
The study about the problem of the Liberty Hardware store in inventory system, the proponents have reached with the help of one of the proponent named Paolo. The Liberty Hardware store at the Maceda St. Sampaloc Manila was established in June 19, 2011 and formally known as Hardware store. The owner name is Mr. Rodelyo Vigas and he allowed us to get some important information regarding their existing system and how is the process going on.
An inventory system is basically a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. However this is only really appropriate for small businesses that do not have a lot of stock. For larger business it is more likely that a computerized system will be required. Transaction processing systems are commonly used to operate businesses. In this era, manual transactions evolved into computerized ones. Manual inventory systems turned out to be slow and inaccurate resulting to problems like running out of stocks and slow computations of product prices being bought by the customers. The degree of success of a business greatly depends upon controlling the merchandise inventory. The continuously improving and upgrading of computer usage into more powerful and useful applications has made managing business transactions a lot more efficient and easier. Today, businesses use the computer to assist in controlling and monitoring many aspects of the businesses, since manual approach in data processing could no longer meet the demands of increasing volume of transactions.
The proposed project will enable the Hardware store to increase their productivity, to have greater profitability and to serve each consumer. The project will help Liberty Hardware store to achieve their objectives through the use of
The study about the problem of the Liberty Hardware store in inventory system, the proponents have reached with the help of one of the proponent named Paolo. The Liberty Hardware store at the Maceda St. Sampaloc Manila was established in June 19, 2011 and formally known as Hardware store. The owner name is Mr. Rodelyo Vigas and he allowed us to get some important information regarding their existing system and how is the process going on.
An inventory system is basically a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. However this is only really appropriate for small businesses that do not have a lot of stock. For larger business it is more likely that a computerized system will be required. Transaction processing systems are commonly used to operate businesses. In this era, manual transactions evolved into computerized ones. Manual inventory systems turned out to be slow and inaccurate resulting to problems like running out of stocks and slow computations of product prices being bought by the customers. The degree of success of a business greatly depends upon controlling the merchandise inventory. The continuously improving and upgrading of computer usage into more powerful and useful applications has made managing business transactions a lot more efficient and easier. Today, businesses use the computer to assist in controlling and monitoring many aspects of the businesses, since manual approach in data processing could no longer meet the demands of increasing volume of transactions.
The proposed project will enable the Hardware store to increase their productivity, to have greater profitability and to serve each consumer. The project will help Liberty Hardware store to achieve their objectives through the use of