Chapter 1 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
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I. RC Cola Automated Inventory System II. Summary / Abstract III. Introduction a. Background * Explain the situation RC Cola Orani Enterprise was established on January 2008 catering to 20 sub dealers all over Bataan and 50 stores from Orani to Balanga. The manner of operation is manual‚ thus every transaction is recorded and solved manually. In terms of supply ordering process‚ all emptied bottles/cases are delivered to the mother company located at Lubao‚ Pampanga; this is done
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In the study conducted by Md Taha Hanisha entitled Online Restaurant Management System (2008) a system that provides service facility to restaurant and also to the customer. The services that are provided are food ordering and reservation table management by the customer through the system online. With this system online‚ ordering and reservation management will become easier and systematic to replace traditional system. With this study‚ the ordering and reservation services will be easier
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One issue is infrequent large orders vs. frequent small orders. Large orders will increase the amount of inventory on hand‚ which is costly‚ but may benefit from volume discounts. Frequent orders are costly to process‚ and the resulting small inventory levels may increase the probability of stock-outs‚ leading to loss of customers. In principle all these factors can be calculated mathematically and the optimum found. A second issue is related to changes in demand (predictable or random) for the
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automated systems. And in fact‚ nowadays‚ the use of computer-based business system has become prevalent all throughout the developed and developing countries around the world due to the increased productivity and efficiency of data processing A collection of components that work together to realize some objective forms a system.There are three major components in every system‚ namely‚ input‚ processing and output. The most commonly used system by several companies is the sales system and
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Chapter 1. Introduction <INTRODUCTION OF YOUR PROJECT> 1.1 Statement of the Problem 1.2.1 General Statement of the Problem How to design and develop a Computerized Sales and Inventory System for ABC Supermarket? <EXPLANATION BKIT XA NGING PROBLEM> 1.2.2 Specific Statement of the Problem * How to design and develop a module that will help the user to perform purchase order? <EXPLANATION BKIT XA NGING PROBLEM> * How to design
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Salon Sales and Inventory System” 2.0 INTRODUCTION It is very important in a company to have their systems computerized. Computerization makes the tasks easier and faster to be accomplished. It is also very significant to have computerized systems upgraded and updated from time to time. Doing so‚ the system will become better and the company will be able to keep pace with the fast advancing technology. As part of the advancement and strategic planning in business firms‚ inventory is the essential
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Inventory Management Problem QRB/501 August 30‚ 2010 Abstract The purpose of this paper is to discuss an inventory management problem that currently exists within the California Department of Corrections and Rehabilitations (CDCR). This paper will focus solely on a sub-division of CDCR. The sub-division that will be discussed in this paper is North Kern State Prison. A proposal will be created to describe the organization as well as the inventory problem it faces. The proposal will
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Arnold Zio BUS 362 Spring‚ Miller Wal-Mart S.M.A.R.T System I live close to a walmart in Burtonsville MD‚ so I decided to write this Paper on their Inventory System. Wal-mart‚ the wholesale retail monopoly‚ focused on developing an RFID-based electronic product code‚ or EPC. The electronic code would allow businesses to track shipments and inventory automatically through a system of tags and sensors. It was a potential replacement for the manual scanning of bar codes‚ a technology that itself
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their study “A review of inventory management research in major logistics journals: Themes and future directions"‚ discussed that logistics researchers have focused considerable attention on integrating traditional logistics decisions‚ such as transportation and warehousing‚ with inventory management decisions‚ using traditional inventory control models. Logistics researchers have more recently focused on examining inventory management through collaborative
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