Preview

Shapers Family Shop Sales Inventory System

Good Essays
Open Document
Open Document
1493 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Shapers Family Shop Sales Inventory System
CHAPTER I
INTRODUCTION AND ITS BACKGROUND

Introduction:
Computers make works easier and faster. With this thing, you can create anything like programs that may help you make your work easy. Now, we have Sales Inventory System which can be consider a big help when it comes to large businesses. It can make your work more detailed, faster, accurate and less error. The researchers conduct an interview with the owner of Shapers Family Shop at 10518 Grove Street, Lopez Avenue, Brgy. Batong Malake, Lopez Avenue, Los Baños, Philippines. (Abdul Hakeem Esmail, 2011)
Manual inventory is a handmade list of materials or goods used in certain business. Like in Shapers Family Shop, they are still using a manual inventory. With this process, they might encounter some problems or difficulty. Manual inventory relies heavily on the actions of people, which increases the possibility of human error. People might forget to record a transaction or simply miscount the number of goods. This may results in needless additional orders that increase the company's inventory carrying costs, meaning the business could run out of a crucial item at the wrong time. (Chris Joseph, 2011)
Meanwhile, there is this thing called sales and inventory system. This system can replace the cost and time consuming processes that were once completed by hand while providing companies with more accurate data. This system is used to track the merchandise and goods of retail stores, grocery stores, hardware stores, etc. Automated inventory systems play a large role in today’s businesses, especially the retail industry. This is because businesses want the ability to access and organize data in a quick and efficient manner. (Lexi Hartman, 2005)

Background of the Study In the year August 1, 1990, Mr. Vital started a business named, Shapers Family Shop at 10518 Grove Street, Lopez Avenue, Brgy. Batong Malake, Lopez Avenue, Los Baños, Philippines . This shop has 3 components; Computer shop, Boutique

You May Also Find These Documents Helpful

  • Good Essays

    Currently inventory and control is a paper based inventory management system that has become outdated and obsolete. The system is a seven step process that includes a separate document for each step. These steps or processes are expensive and time consuming, and hinder future growth toward expanding into a global organization. The seven steps are; 1) Receiving documentation; 2) Scheduled orders documentation; 3) Orders received documentation; 4) Raw materials/sub-assemblies documentation; 5) Sub-assembly/final product documentation; 6) Sales order form documentation; 7) Shipping documentation. Along with each of these steps an inventory technician is responsible for putting the information into a computer, which could conceivably be seen as 14 separate steps.…

    • 841 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The principal role of inventory management systems is to ensure that stores are adequately stocked. Companies use various methods to track and report inventory. Retail companies are perhaps the best entities to examine when attempting to understand inventory management systems. The type of inventory a company has determines the method they use. Retail companies use the retail inventory method as a base system. Last-in-First-Out (LIFO) and First-in-First-Out (FIFO) are the two systems that appear to be used more frequently. Other systems used are the Just in Time or JIT method and the Average Cost method. The following paragraphs will describe different companies and the type or types of inventory systems they use. Also the advantages and disadvantages of their systems are discussed.…

    • 1893 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    CIS 210 Assignment 1

    • 386 Words
    • 2 Pages

    Automated inventory systems provide instant notifications of sale, purchases, in-stock requirements etc and may help a small business to flourish through proper guidance.…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Ltb Inventory Systems

    • 1749 Words
    • 7 Pages

    Inventory Systems are the software used to plan and track inventory balances and activities (Investopedia, 2012). There are many inventory systems, which can be used in an organization to track products sold or used. Team B’s team members will describe his or her organization and the current inventory system he or she uses. Each member will discuss the advantages and disadvantages of his or her inventory system. Team B will also do a comparison between each organization to identify the strengths and weaknesses. Below one will find the discussion to the topics mentioned above.…

    • 1749 Words
    • 7 Pages
    Better Essays
  • Better Essays

    The category of race is a common idea that we engage with in our daily lives. From filling out health forms to discussing our own ethnicities in class, our society has accepted race as a universal and natural method of human distinction. Although racial categories have become a commonly accepted means of distinguishing various groups of people, it is actually a social construction based on arbitrary groupings that emerged from early European ideologies. At the start of the nineteenth century, Europe and America held an overwhelming belief in white superiority, and as a result, racial classifications emerged as a way to emphasize that belief. When taking a closer look at racial categories, one can see how they are ideologically unsound, and…

    • 1235 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Cis 210

    • 312 Words
    • 2 Pages

    In today’s “tech” and competitive world, businesses are in transformation from manual inventory system to automated inventory system, including small businesses. Automated Inventory systems can reduce costs, retain the existing customers and gain profits. It can replace the time consuming manual process by providing more accurate data. Every business should have a proper inventory system in order to track whether the store is running out of the stock of an important item or there are some items that are obsolete. Nowadays, automated system is used almost by all the retailers, grocery stores and manufacturing companies. A good inventory control system will alert the retailer when it is time to reorder (www.barcodesinc.com). Automated inventory system will keep the competitive advantage of your company and increase the value of your business.…

    • 312 Words
    • 2 Pages
    Good Essays
  • Better Essays

    In today's business environment, even many smaller businesses have come to rely on computerized inventory management systems. Automated systems can replace the cost and time consuming processes that were once completed by hand while providing companies with more accurate data. Inventory control is important to ensure control in businesses that handle transactions revolving around consumer goods. Without proper inventory control, a store may run out of stock on an important item. A good inventory control system will alert the retailer when it is time to reorder (www.barcodesinc.com). It will also aid in the prevention of theft and product loss. Overall, a good inventory system will increase the value of your business, satisfy your customers and create more freedom in your life. In this paper, I will describe all the necessary equipment for a low-cost automated inventory system for a small clothing store. I will also explain the costs involved in the creation of the system, describe the ongoing maintenance that will be required and provide a workflow diagram to illustrate how the system will work.…

    • 973 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    In modern days, inventory is managed by sophisticated system applications that are designed to manage complex inventory plans and to a large extent contain processes that initiate and streamline the operations and inventory management.…

    • 522 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    The following proposed system is intended for the sales staff of Avon-Sogod branch. The sales staff client will be represented by Ms. Emma D. Alvarez (primary client) and branch officer-in-charge Ms. Diane Anzano. Ms. Alvarez wants a computerized sales inventory to be able to minimize the inventory time when using the manual system and improved the inventory system of Avon-Sogod branch and Ms. Anzano is a project participant. Ms. Alvarez will be our…

    • 3003 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    RLM Drugstore, using manual system according to our interview to the owner of the drugstore, they cannot specify the exact amount of sales and item sold, they have complications on sales and Inventory due to human errors and also laboriousness and time consuming when it comes to generating sales and inventory reports, for obvious reasons that it is done manually. 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. List of files, and papers in these files are difficult to document and maintain, thus prone to risk of loss or damage, making the system inefficient. The owner of RLM Drugstore want a computerized system to hasten their work for the inventory, so the developer makes computerized sales and inventory system to solve the problem of RLM Drugstore. The degree of success of a business greatly depends upon controlling the merchandise inventory.…

    • 501 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Lalalallala

    • 800 Words
    • 4 Pages

    Computerized inventory management systems allow companies to properly order and maintain several different types of goods. Different styles, colors or sizes can easily be managed to ensure that consumer demand is met through offering a variety of goods. Most companies use inventory management to keep stock items separate from similar goods; this allows management to determine which items are selling well and which items need to be reduced from inventory…

    • 800 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Like this company Noyski Petshop that sell products like dog accessories, foods and etc. which located at Goding Ramos St., Kalibo, Aklan that uses manual transactions in sales and inventory, therefore we propose a computerized system that would provide them a systematic way of recording transactions of sales and inventory in their business to become more productive and efficient. The system is also meant to help people show to customers more relevant items, hoping to expedite and increase the sales and most importantly to increase the profit of the company. With the aid of sales and inventory systems, management can easily make consistent, reliable, and timely decisions.…

    • 416 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Through Sales and Inventory System, the importance of computerization is vastly utilized. A system is a set of detailed methods, procedures, and routines established or formulated to carry out a specific activity, perform a task, or solve a problem. Sales and Inventory System is one of the most important systems on process of any business because it involves the management of products, materials, and equipments which is vital on production management.…

    • 3352 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Thesis

    • 972 Words
    • 4 Pages

    In this study, researchers hope to develop a system that will minimize all works of manual methods, therefore allowing owners ease in updating inventory - a system that is fully automated, user-friendly, time effective and efficient.…

    • 972 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Barcode Thesis

    • 11482 Words
    • 46 Pages

    The system that the proponent wants to develop will help the process of data management become more efficient and easier. It is a solution designed with an optimized and systematic Automated Sales and Inventory System that has a…

    • 11482 Words
    • 46 Pages
    Good Essays