CHAPTER – 2 REVIEW OF RELATED LITERATURE 2.1.0 Introduction 2.2.0 Review of the related literature conducted in India 2.3.0 Review of the related literature conducted abroad 2.4.0 Implication of the present study 24 CHAPTER-2 REVIEW OF RELATED LITERATURE 2.1.0 INTRODUCTION First chapter deals with the conceptual frame work of the present research problem and primary matters regarding the research. It had the statement of the problem‚ terms defined‚ objectives of the study
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I. Introduction The study of Computerized Sales and Inventory System for Botika Sofia and General Merchandise is taken from the concept of Information System. One example is the Transaction Processing System. This chapter includes the Background of the problem‚ Overview of the current state of technology‚ Project Rationale. 1.1 Background of the Problem Botika Sofia and General Merchandise is owned and managed by Mrs. Olivia Delos Reyes and were established on June 1‚ 2012 at Damballelos St
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1.0 Introduction Sales and Inventory System is a computer based way of checking and auditing of the sales of the company‚ it is faster and more reliable rather than doing manually. The system can lessen errors in editing and can be easily accessed any time by the company. Sales and Inventory System makes the company more productive‚ efficient‚ and convenient to the company and its customers. The system is meant to help the company show more relevant items to the customers‚ hoping to expedite
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companies now are making system to be computerized because in this way it can minimize time and efforts consumed by using manual system. One way to save time and effort is to start using Sales and Inventory System. A sale refers to the exchange of product or services for an amount of money or its equivalent while making Inventory in a business is a total amount of goods and the act of counting them. Inventory is merchandise in-stock and on hand‚ also known as stock. Inventory is basically the total
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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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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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Sales inventory systems are often standardised i.e. A business will adopt a general model for their own use. This means that they are able to track sales of a product and match it against their existing inventory to regulate how much stock they keep to hand and how much it costs them to do so. Obviously this is necessary for any business in order to run efficiently. However‚ adopting a general model means that it may not be optimised for the particular stock/business in question. For example
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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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OF CONTENTS - CHAPTER 11 I. CHAPTER 11 – INVENTORY 1 II. OVERVIEW AND OBJECTIVES 1 A. Overview 1 B. Objectives 1 III. DEFINITION OF INVENTORY 1 IV. INTERNAL CONTROLS 2 V. ESTABLISHING AND MAINTAINING AN INVENTORY 2 VI. VALUING THE INVENTORY 4 A. FIFO 5 B. Weighted Average 6 VII. YEAR-END PHYSICAL INVENTORY 7 VIII. EXHIBITS 8 CHAPTER 11 – INVENTORY The purpose of this chapter of The Guide is to explain the concept of inventory and to discuss the policies‚ guidelines‚ and
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The Sales and Inventory System is creating a web-based system. Advanced system on sales provide more reliable recording of sales of the company with comparison to its actual cost. Sales and inventory makes the company more productive‚ efficient and convenient to the company and its client. The system is meant to help the people show to their 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
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