APPROVAL SHEET Proponents: Morris P. Chavez Ma. Cristyl G. Salva Title: Sales & Inventory System by 4Brothers Trapal Supply Mrs. Michelle Alisna Caiña Instructor October 8‚ 2013 Acknowledgement We would like to thank our instructor‚ Mrs. Michelle Alisa Caiña‚ for guiding and supporting us all throughput this project. His constant reminders and progress report checks have helped us become more focused during this writing process.
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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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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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Theoretical Framework Review of Related Literature Since information technology systems develop rapidly‚ various applications have been diverted from being manually processed to being computerized. However‚ some entities have been devoted to the use of manual operations and thus‚ were not open to adopt such changes that have been brought by modernization. Operating hand by hand‚ especially in business operations‚ is apparently fussy and therefore‚ higher degree of caution must be exercised
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------------------------------------------------- ------------------------------------------------- WHAT IS PSYCHOLOGICAL TESTING? Psychological tests offer a formal way to measure traits‚ feelings‚ beliefs and abilities that can lead to people ’s problems. Some tests assess the presence of certain conditions‚ such as depression‚ anxiety‚ anger control or susceptibility to stress. Other tests measure general well being and provide an overall picture of a person ’s personality. A typical psychological
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performance to financial measures. In a class of 100 minutes we start by discussing the importance of building a time based capability in today’s competitive environment. We then establish Little’s law to set up other operational measures - namely inventory and throughput that impact flow time. Several examples from the chapter are discussed to make this relationship clear. We then link these operational measures to financial measures to identify what form improvements may take. We then discuss the
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600 square meters of Open Access Area with 170 seating spaces‚ a closed stacks area of approximately 500 square meters‚ and an area for library offices. The first library management system‚ known as Tinlib‚ was introduced in September 1993. As a result of a one-year project‚ Millennium‚ a modern‚ web-based library system‚ replaced Tinlib. The new catalog went live on July 1‚ 2002.The library catalog is accessible on computers throughout the Central European University campus and worldwide via the Internet
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Chapter I The Problem and its Background Introduction Technology has taken a big leap forward in 21st century‚ with computer programs‚ electronics upgrading by the month & even by the day. Technology has influenced & greatly simplified almost in every aspect of a person’s life today. It is amazing what technology has done to the society and how people become dependent on it. Having computers in the workplace has enable the business to be more efficiently and has contributed in having on
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