Inventory System Summary QRB/501 Abstract Inventory Systems Summary Introduction Intro Inventory systems are use in many different companies today as a tool to make sure the company strives into success. Inventory systems serve several different functions for businesses; one purpose is promoting the sales function by ensuring that a sufficient amount of product is available for customers. Another purpose is shrinkage control‚ that is monitoring the frequency of loss‚ theft‚ or breakage
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2 THEORETICAL/CONCEPTUAL FRAMEWORKS 2.1 Introduction Inventory theory (or more formally the mathematical theory of inventory and production) is the sub-specialty within operations research that is concerned with the design of production/inventory systems to minimize costs. It studies the decisions faced by firms and the military in connection with manufacturing‚ warehousing‚ supply chains‚ spare part allocation and so on; it provides the mathematical foundation for logistics. CURRENT SYSTEM1
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are now making their systems computerized because using a computerized system will help the sari-sari store minimize the time and efforts consumed by using manual system. The Inventory and Monitoring system is breakdown the old processing of a sari – sari store that use a manual transaction or processing. And The Salve sari-sari store has open on July 15‚ 2005 and here business has growing up and she need to upgrade here sari – sari store and she need I give him a system that manage and monitor
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items that are already sold‚ how much is the total amount and determinable number of the stocks of each medicine. The problem in manual is that‚ a pharmacy assistant has a great chance to make some errors and fraud in inventory because in the processing of sales and inventory usually begins when a customer bought a medicine over the counter and sometimes they have made a wrong total amount of medicine by means of confusion and crowdedness of the customers. They couldn’t determine faster the number
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The Inventory System Inventory management is a vital part of any retail business‚ whether it’s a traditional brick-and-mortar shop or an online Web site. Inventory management provides you with critical information about the condition of your products‚ such as whether you are low on stock and your inventory needs to be replenished. Inventory management also provides your customers with accurate information‚ letting them know when items are out-ofstock‚ back-ordered‚ or pre-orderable. Failure to provide
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including company’s businesses. In today’s business environment‚ even small and mid-sized businesses have come to rely on sales and inventory systems. Advanced system on sales provide more reliable recording of sales of the company. Sales and inventory makes the company more productive‚ efficient and convenient to the company and it’s clients. This sales and inventory system is meant to help the company to show to their customers that they are inline with the use of technology for it’s demand is extremely
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2 Existing System History of the Existing System The current system used in the business is processed manually. The products are counted manually and data is stored in a record book including the quantity and the price of the product. These are then computed manually using a calculator until they find the total inventory. User of the Existing System The Owner and the Auditor is responsible for the inventory of the products and update records Data Flow of the Existing System CHAPTER
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Literature Introduction . . . . . . . . . . . . . . . . Review of Related Literature and Studies . .. Conceptual Framework . . . . . . . . . . . . Objective of the Study . . . . . . . . . . . Description of the Present System. . . . . Description of the Proposed System . . . . Table Design.. . . . . . . . . . . . . . . Entity Relationship Diagram (ERD). . . . . Data Flow Diagram (DFD). . . . . . . . . . Hierarchical Input Process Output (HIPO).. Input Process Output (IPO). . . . . . .
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PROJECT PROPOSAL “PROPOSAL FOR THE INVENTORY SYSTEM OF SARI-SARI STOR” ARJAY A. GARCIA CHRISMAR L. DELRIO PRINCESS M. OCAMPO JOHN KIEL P. MARTINEZ DABEST TEAM ASSOCIATE COMPUTER TECHNOLOGY MARY JANE GARCIA STORE OWNER Executive Summary An inventory system is basically a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end
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GREEN VALLEY COLLEGE FOUNDATION Isulan‚ Sultan Kudarat Isulan Campus COMPUTERIZED LIBRARY INVENTORY OF GREEN VALLEY COLLEGE FONDATION ISULAN CAMPUS Manelyn Benson Fabila Student Marven Jadiong Adviser Table of Content Title Page Chapter I ……………………………………………………………… 3 Introduction ……………………………………………………….. 3 Background of the study ………………………………………….. 4-5 Objective of the study …………………………………………….. 5 Scope and Limitation of the study ………………………………. 6 Significance
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