Retail Loading Inventory System
CHAPTER 1
THE PROBLEM AND ITS BACKGROUND
Introduction
Along the rapidly advancing technology, there also arises a need to adopt the easy way to earn money. In every corner you will find an E-Load station. At the rate that people use their mobile phones and prepaid broadband connections, loading is now a basic need. It is needed for services ranging from communication, internet, bill payments and sales. A reloading business seems to be an easy way to earn money. It is because mobile phone now a day is necessity. Everyone asks for loads meaning everybody are customer. Dealers and retailers don’t need to ask people to buy their product because customer will automatically go for it when they need a mobile phone loads. This business is the most feasible business today it is because there about 35 million mobile phone subscriber and sending 1 million messages daily in the Philippine. Now a day, Entrepreneurs and consumers are investing and spending their money in easiest way to earn profit with the help of advancing technology. They can manage easily and manipulate their business without monitoring their sales per hour sales to compute the expected target income. With this, the researcher saw the opportunity to improve their business skills by creating an inventory system that will enhance their knowledge in manipulating and managing reloading business.
Background of the study In a prepaid mobile phone, topping-up or reloading is needed to further enjoy the service offered by the proprietorship. There are a lot of options on how to reload a prepaid mobile phone. The most popular process is through purchasing prepaid card but due to security precautions, electronic reloading was developed. The technology of Electronic Reloading was first introduced in the Philippine by Smart Communication branding the service as SmartLoad and considered to be the world’s first electronic reloading service. The service offered micro-top ups meaning prepaid subscriber can
THE PROBLEM AND ITS BACKGROUND
Introduction
Along the rapidly advancing technology, there also arises a need to adopt the easy way to earn money. In every corner you will find an E-Load station. At the rate that people use their mobile phones and prepaid broadband connections, loading is now a basic need. It is needed for services ranging from communication, internet, bill payments and sales. A reloading business seems to be an easy way to earn money. It is because mobile phone now a day is necessity. Everyone asks for loads meaning everybody are customer. Dealers and retailers don’t need to ask people to buy their product because customer will automatically go for it when they need a mobile phone loads. This business is the most feasible business today it is because there about 35 million mobile phone subscriber and sending 1 million messages daily in the Philippine. Now a day, Entrepreneurs and consumers are investing and spending their money in easiest way to earn profit with the help of advancing technology. They can manage easily and manipulate their business without monitoring their sales per hour sales to compute the expected target income. With this, the researcher saw the opportunity to improve their business skills by creating an inventory system that will enhance their knowledge in manipulating and managing reloading business.
Background of the study In a prepaid mobile phone, topping-up or reloading is needed to further enjoy the service offered by the proprietorship. There are a lot of options on how to reload a prepaid mobile phone. The most popular process is through purchasing prepaid card but due to security precautions, electronic reloading was developed. The technology of Electronic Reloading was first introduced in the Philippine by Smart Communication branding the service as SmartLoad and considered to be the world’s first electronic reloading service. The service offered micro-top ups meaning prepaid subscriber can