Related Literature-Inventory System Inventory control systems maintain information about activities within firms that ensure the delivery of products to customers. The subsystems that perform these functions include sales‚ manufacturing‚ warehousing‚ ordering‚ and receiving. In different firms the activities associated with each of these areas may not be strictly contained within separate subsystems‚ but these functions must be performed in sequence in order to have a well-run inventory control
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Capita – purchasing power parity $3‚300* (2005 est.) Overview The Philippines‚ an archipelago republic comprising of more than 7‚000 islands‚ is a geographical and cultural meeting ground of east and west that has emerged from a unique blend of foreign influences‚ native culture and an illustrious colonial past. This eclectic cultural heritage‚ a mixture of Malay‚ Spanish and American cultures‚ has created many ethnolinguistic groups that are divided by their own distinctive traits and dialects
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Local Literature An article from The Philippine Star dated August 7‚ 2012 by Louella D. Desiderio entitled “Businesses urged to use Internet to push products”. It shows that businesses are advised to use the Internet for promoting their products and services as more consumers are going online to research before making purchases. Companies should consider using online advertisements for the products and services they offer as more and more people are using the Internet to research goods they plan
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order for good decision making to occur‚ the proper steps must be taken to ensure accurate information used. Sales and Inventory System (SIS) is a computer-based system that is designed to aid decision makers in making decision that may include multiple attributes‚ objectives and goals. Good decision making tools are necessary to make good strategic decisions. Sales and Inventory Systems are used to collect data‚ analyze and shape the data that is collected‚ and make sound decisions or construct
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Chapter 1 Introduction Background of the Study A business is an organization involved in the trade of goods‚ services‚ or both to consumers. One of the three types of business is merchandising. This type of business buys products at wholesale price and sells the same at retail price. They are known as "buy and sell" businesses. They make profit by selling the products at prices higher than their purchase costs. Merchandising activities may include display techniques‚ free samples‚ on-the-spot demonstration
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CHAPTER II Review of Related Literature and Studies Related Literature Foreign Literature The Darien Library is ranked as one of the top 10 public libraries in the country for its size‚ according to Hennen ’s American Public Library Rating. Darien Library holds itself to the highest possible standard of customer service. We pride ourselves on providing a fulfilling and enriching experience to all who visit us either in person or on the web. We consider hospitality to be a core component
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Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction This research also reflects the change of emphasis in information systems development from developing customized systems to developing tools which are flexible and easy to use. This is a very significant change‚ as it allows end users at all levels in organizations‚ and society as a whole‚ to use technology more actively‚ and to find‚ manipulate‚ and reconfigure information to suit their own purposes. Access to such tools and the information
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RELATED STUDIES AND LITERATURE By conducting a research of some related studies and literature‚ it enables the researchers to understand the conducted study. The survey and investigation of the past studies is essential to the researchers to for it to give ideas and also as guide. Also some related studies are intended to seek the solution to the problem and make them better by the used of proponent. Foreign Literature [1]According to the Right Pharmacy Management System‚ the key
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Relationship of Sales and Inventory In order for your sales force to do its job‚ there must be enough inventory on hand to sell. A successful relationship between sales and inventory operations involves either a predictable rhythm of inventory turnover as a result of consistent sales‚ or dependable communication between the two divisions so the inventory department will know how much the sales department needs. In order for this system to function smoothly‚ the sales department must have a clear
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Corporation (YMC) retails their products and incorporates the Yakult Lady System that started in Metro Manila and NCR‚ then adapted by distributors all over the country. The Prohealth Sales Distributor Corporation which is the exclusive Yakult distributor in La Union started its operation in March 15‚ 2004. The Company orders its stocks from the Yakult Philippines Incorporated (YPI) and also adapted the Yakult Lady system of the Yakult Marketing Corporation (YMC). There are three branches in La
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