PROJECT OVERVIEW
PROJECT BACKGROUND
OBJECTIVES OF THE PROJECT
STATEMENT OF WORK
PROJECT OVERVIEW
Computerization of process makes the work more convenient and Information Technology plays a big role in business and economy. Information Technology provides ways and making the best solutions that aid complains to their operations and future investments, leading to their success. Technology innovate business processes and paving the way to new heights of development improving the flow or ways of business is to be done. Most importantly, technology in combination with the principles of business applicants, data communications, shapes the future for decades to come.
Point-of-Sales system offers a wide selection of features to improve control of your business and save time spent on inventory, purchasing and accounting. Point of sale (POS) systems is electronic systems that provide businesses with the capability to retain and analyze a wide variety of inventory and transaction data on a continuous basis. POS systems have been touted as valuable tools for a wide variety of business purposes, including refining target marketing strategies; tracking supplier purchases; determining customer purchasing patterns; analyzing sales (on a daily, monthly, or annual basis) of each inventory item, department, or supplier; and creating reports for use in making purchases, reorders, etc. Basic points of sale systems currently in use include standalone electronic cash registers, also known as ECRs; ECR-based network systems; and controller-based systems. All function essentially as sales and cash management tools, but each has features that are unique.
At the inventory control, the computer keeps the store's inventory, so the POS terminals attached to it automatically update inventory with every sale or return. In multi-store environments the person at the POS station can check stock in other stores if this store is out of stock. The central office knows at all times how many stock each store has. On Inventory Analysis, the system knows at what rate each item is selling at all times, making it easy to decide what quantity to reorder. Trends can be identified to reduce buying mistakes. In multi-store environments the central office can see the differences in item movement from store to store, making it easy to account for local or regional preferences.
PROJECT BACKGROUND The dawn of the new age opens new doors leading to the brave new world of Information Technology. In almost everything that we do every day, it is safe to say that the benefit that we harness in tapping the potential of technology is priceless. Those tasks that were almost impossible to accomplish during the previous generations can now be done in the most efficient ways possible. Having access to the Internet increases man’s knowledge base and accelerates the speed of transactions in the business world as well. That is why there is no doubt that the most important invention that man has made is the computer. The urge of owning a computer system drifted from being a ‘want’ to a ‘need’. The market for laptops and desktop computers has grown to the extent that prices that were once sky-high have dropped low, which allowed almost every household to own their own computer units. The availability of computer parts and hardware has expanded that computer hardware shops sprouted like mushrooms in malls and other business areas. Microstar International is one of the most reputable brands in the world of computing. It was established in August 1986 in Jhonghei, Taipei by 5 founders – Joseph Hsu, Jeans Huang, Frank Lin, Kenny Yu, and Henry Lu. MSI concentrated on developing and manufacturing computer mainboards and graphics cards in the beginning. In 1987, the company produced the world's first overclockingmotherboard. MSI has also expanded into mainland China, opening its Baoan Plant in Shenzhen in 2000 and establishing research and development facilities Kunshan in 2001. In 1995, MSI kicked off its diversified business operation strategy, starting from the motherboard and video card industries and extending into consumer electronics. Currently its portfolio includes notebooks, communication devices, barebone systems, servers/workstations, multimedia, industrial computing, and others. Upon renovation of the ayala, the idea of opening stores sporting specific brands has been conceived. Thus, on March 9, 2009, Jonathan Khinghon, the company’s president, established the MSI Concept Store. The store offered product lines from MSI that includes notebook computers and other components. MSI Concept Store at SM North EDSA Annex is affiliated with PC City and PC Xpert Zone, two of the biggest names in local computer sales and distribution industry. However, like any other trade, the MSI Concept Store has its own internal problems. The group found out that store still employs the manual system in conducting their sales and inventory operations that is why the group intends to provide a solution to enhance the services and hasten the transaction processes for the company.
ORGANIZATIONAL CHART FIGURE 1 :MICROSTAR INTERNATIONAL (MSI) Organizational Chart
OBJECTIVES OF THE PROJECT
GENERAL OBJECTIVE The general objective of this project is to develop a computerized sales and inventory system which also makes use of a barcode scanner to hasten the sales transactions and improve the monitoring of stocks in the inventory to ensure the high quality services of PC Zone’s MSI Concept Store located at ayala
SPECIFIC OBJECTIVES
The specific objectives of the project are the following:
• To design a system that will incorporate all functions and specifications such as generating sales reports efficient tracking of incoming and outgoing inventory goods, printing sales and service receipts and monitoring and all Return Merchandise Authorization (RMA) services.
• To test and evaluate the acceptability of the system by gathering feedback from technical experts and prospective users to determine the accuracy, functionality, reliability and usability of the system.
• To develop a system that will deliver accurate results and minimize the percentage of erroneous outputs like statistical discrepancies in the inventory reports and as well as sales reports.
• To develop a system that will efficiently handle all transactions to further hasten the speed of sales resulting in larger profit for the company.
STATEMENT OF WORK
SCOPE OF THE PROJECT
The project was designed specifically for the MSI Concept Store at SM North Annex EDSA. It was intended to automate the way the products are monitored in the inventory, providing automation of the traditional way of checking the items in the storage room by imploring the use of barcode scanners. The barcode reading technology purpose was to identify each item having different items codes. This was ensured that no duplicate entries will be inserted in the inventory. The system was capable of generating daily, weekly, monthly, quarterly and annual reports so that the administrators was able to verify the sales transactions that the company acquired for the specific period of time. The system has also run with a minimum of two computers connected in a local area network only. The system was capable of running in a computer unit with minimal requirements of at least 1.6GHZ of processing speeds 1GB of physical memory, 40GB of storage space. The project was able to run on Windows XP operating systems with Microsoft.NET Framework 3.5 installed. The system was also capable of monitoring the Return Merchandise Authorization services conducted by company to provide after sales service to consumers who purchased defective items, which are still covered under the one-year warranty period. The system also produced printed receipts for every transaction conducted by the company.
LIMITATIONS
The study is only for the exclusive use of the shop manager and the cashier thus a login module was provided. The system was only implemented in the MSI Concept Store in SM North Edsa Annex branch. The group only provided support by until the whole software development has finished. This was in form of debugging, providing software updates and operation tutorials for the users of the system and as well as customization options for the preference of the users.
LIST OF DELIVERABLES
• DEPLOYMENT PLAN o INSTALLATION PLAN
The researchers were responsible for the implementation of the system. This includes the installation of the software to the company’s system unit to run the system in their desired state. o TRAINING MANUAL
This is the manual and instructions that were used for teaching the sales representatives and all the staffs that would be using the system. o USERS MANUAL
This is the reference that the user would be looking up to if they have questions regarding the system
You May Also Find These Documents Helpful
-
| This Point of Sale System must be used by the Inventory Receivables Department, the Cashiers, Accounting Dept, and the Management…
- 912 Words
- 4 Pages
Good Essays -
An organization of this size must rely on numerous levels of information technology that is constantly changing. Commonly referred to in the past century as the cash register, the point-of-sale systems now can receive payment from credit or debit cards from smart-phones. Millions of transactions are conducted daily from various types of point-of-sale systems; all interact with the customers and exchange payment. The corporation is continually seeking to improve and advance this process.…
- 1301 Words
- 6 Pages
Good Essays -
a Jewish traveler is robbed and injured on a Journey but the priest and Pharisee although looking at him do not stop to help as they do not want to become unclean .. while a samaritan despised by the jews does stop and help the man even taking him to an inn and paying for him this shows how we should be good neighbors.…
- 679 Words
- 3 Pages
Good Essays -
Even though the old POS terminals are easy to install and stable to operate, they impose limitations on data interchange capabilities, thus rendering it impossible to keep track of inventory in a store itself and the adjacent stores likewise. This results in inability to track shortages proactively on the store level and forces the store manager to follow lengthy phone calling process in order to locate inventory in nearby stores. As a result, inventory transfers have to be delegated to the corporate level, where the “big picture” is clearer, thus causing delays and losing sales opportunities. It has also been determined that plug-and-play solutions are available for modern POS terminals, diminishing the advantage of the old system being installed in a matter of minutes.…
- 306 Words
- 2 Pages
Satisfactory Essays -
Nowadays, technology has become an increasing presence in the workplace. More and more businesses, large and small, are trying to incorporate the latest technology into their operations. Information technology (IT) benefits the business world by allowing organizations to work more efficiently and to maximize productivity. Faster communication, electronic storage and the protection of records are advantages that IT can have on your enterprise. On the other hand, there are always drawbacks in extensive use of technologies in business world.…
- 1001 Words
- 4 Pages
Good Essays -
|[This project plan template is intended to be used as a guide for planning and managing real world software development projects. This plan |…
- 2567 Words
- 11 Pages
Good Essays -
Point-of-sale system (POS), which captures transaction data on nearly every person who walks through a cafe's door. The sale of each entrée represents one customer. They forecast monthly guest counts, retail sales, banquet sales, and concert sales at each café.…
- 590 Words
- 4 Pages
Powerful Essays -
Dollar Tree Inc. is a chain of discount variety stores that sells an assortment of items for $1 or less. Dollar Tree Inc. uses a point-of-sale inventory scanning system. A point-of-sale inventory system is a fully automated, computerized inventory reordering system. The system collects daily merchandise sales and other transactions to prepare sales and inventory reports. The information that is obtained provides information on product sales allowing stores to order the products customers want. The point-of-sale system provides automatic updates to inventory when consumers make purchases. The company’s bar code system electronically transfers information through the company allowing real-time purchase decisions and cost management relating to inventory. Point-of-sale inventory systems help organizations maintain appropriate inventory levels by controlling the flow of incoming and outgoing merchandise. The inventory system can also identify sales trends based on consumer purchases. It is essential for retailers, such as Dollar Tree to have an ample supply of products to meet consumer demand. The point-of-sale inventory system helps the company meet those demands while increasing sales and customer service. The point-of-sale inventory system reduces liabilities and loss created by overstock. Identifying declining sales and getting rid of excess inventory are also advantages of point-of-sale inventory systems. Point-of-sale inventory systems allow companies to customize the system according to the needs of their industry. They also provide consistency for organizations that have more than one location by streamlining operations. Point-of-sale inventory systems require an Internet connection, which can become a disadvantage because of the possibility of interruption. Hardware, servers, and data centers are a necessity when using a point-of-sale inventory system, and the costs associated with these items can be…
- 295 Words
- 2 Pages
Good Essays -
Point of Sale (POS) systems (E.g. Store registers) Example: MICRO 3700 from MICRO Systems (Pg. 52)…
- 8724 Words
- 35 Pages
Good Essays -
References: Atkinson, R. (1999) ‘Project management: cost, time, and quality, two best guesses and a phenomenon, its time to accept other success criteria,’ International journal of project management, 17(6), pp. 337-342…
- 2508 Words
- 11 Pages
Best Essays -
Over the years, technology has become an important element and ingredient in the world of business, impacting enormously on business activities in every aspect. Modern business has simply become modern because of technological innovation. Technology is playing a big role in developing business for what it is today in several different ways. Technology enabled businesses to have way more effective communication than ever, making two-way communication possible. Except this, technology has also improved the way businesses conduct their research effort for different purposes. Technology also opened up a whole new dimension to the way firms approach and attempt to draw attention of their current and future potential customers. IT allows production processes to take part place more effectively and efficiently minimizing wastages. Computers offer world-wide-web, a whole new world that delivers endless possibilities and opportunities for businesses to offer, sell and for other data gathering purposes. Technology plays a big role in business development and arguably communication is where technology has ascent to great effectiveness.…
- 729 Words
- 3 Pages
Good Essays -
Point of Sale System: any device or system used to record the transaction for the retailer…
- 1380 Words
- 6 Pages
Better Essays -
Networking is an essential skill for most business people, but especially for entrepreneurs. The strong association between the entrepreneur as a person and his or her business demands that entrepreneurs should get out into the world and create and maintain business relationships. AIM Global INC. is a marketing company conceptualized to provide unmatched quality distribution of exceptional products and services to local, regional and global markets. A harmony of advanced technology, distinct marketing strategies and excellent product lines, together with the guidance of exemplary leadership secures the success of AIM Global.…
- 1686 Words
- 7 Pages
Powerful Essays -
Computer repair companies specialize in troubleshooting, servicing and repairing a wide variety of hardware and software-related personal computerissues and computer network problems.…
- 735 Words
- 3 Pages
Good Essays -
Working with limited resources, healthcare providers today are challenged to meet ever-increasing demands. In order to meet this challenge, your organization needs to be as efficient as possible. This starts with giving your most important resource—your people—smart, timesaving tools that help them be more productive to increase quality and contain costs. That’s where Microsoft® Office 2010 comes in. It’s not intended to replace your EMR or hospital information system; rather it bridges the gap between these and your other core systems to play a vital role in helping all your staff connect with information, people, and processes—when, where, and how needed.…
- 1477 Words
- 6 Pages
Powerful Essays