Introduction
1.1 Background of the study
Point of sale or also known as Point of purchase is where transactions takes place between the customer and the sales agent while Inventory is the term used for compiled list of goods. Point of Sale and Inventory are two important processes in effective management of a business.
Cav-Medz Pharmacy was established year 2009 and it is located along Governor’s Drive Manggahan, Gen. Trias, Cavite just across the two big names in the industry of selling medicinal drugs. Currently, they have 4 employees. It is owned by Ms. Marifel Nieva, a University of the East graduate of Bachelor of Science in Business Administration.
The Cav-medz’ aim is to provide lower-cost, safe and helpful medicinal drugs and to have a faster and accurate level of transactions when it comes to sales and inventory. Currently, they are using manual computations for their sales and inventory in which they encounter a lot of difficulties. Manual computations can be inaccurate thus; they cannot specify their exact income for the month or year or the exact list of goods that they have. Ms. Marifel Nieva is planning to expand and have a branch in Tejero, Cavite thus in such venture the company most likely need a system that will monitor the company’s profit and goods.
In this generation where a technology-aware and innovative mind rules any kind of business, computerized transactions are a very helpful must. In a continually growing business, transactions are much easier if it will be accompanied by computers.
1.2 Statement of the Problem
Cav-Medz Pharmacy has still been operating manually. And these are the difficulties that the company has been undergoing over the years: 1. Cannot specify the exact amount of sales and item sold. 2. Complications on sales and Inventory due to human errors. 3. Laboriousness and time consuming when it comes to generating sales and inventory reports for obvious reasons that it is done manually.