Inventory system introduction Essay Example for Free

Inventory system introduction EssayChapter 1 INTRODUCTIONNowadays, computer-based system is commonly found in the vocation world. This is because of the benefits it gives in the respective companies. In addition, an upgraded system in this point of time is a big advantage due to the great deal of the competition in our economy. Technically, logical and analytical skills will certainly alter after(prenominal) this study. Hopefully, this study will also be character-building and still upon the importance of teamwork and maintaining harmony within the separate which will be quite handy in the corporate world. One of the disadvantages of not having a computerized Inventory system of rules is that, there a chance of wide of the mark data testify in a manual inputting of line of descent records. Also there is a delay in updating records due to manual process. Miguels Home Merchandise is a growing participation with an increasing size of clients. And so, today the company need ed a computerized based program that can wield such difficulties.1.1 Statement of the Problem1.1.1 General ProblemHow to develop an Inventory System with Point of Sale for Miguels Home Merchandise that will improve the current process of inventory, lessen the time consumed in categorizing, pricing, monitoring of the items and customers transaction?1.1.2 Specific Problems1.1.2.1 How to develop a module that will go away an inventory and transaction system for the company?Currently, the company is still using electronic computer to compute the total issue forth of items purchased by the customers. For this reason, there are any(prenominal) instances where error occurred using this manual way of computation.1.1.2.2 How to develop a module that will monitor the rate and critical level of companys items?Since the company is conducting an inventory every week by manual record, there are some instances where not aware on what are those items are inreorder or critical level. 1.1.2.3 H ow to develop a module that will generate fast and exact reports?Currently the company is still using manual record on each report, there are some instances where the company is too busy to monitor sales reports and it consumes most of their time.1.2 Current State of the TechnologyMiguels Home Merchandise was using a manual method of listing their items. They call their suppliers to order some items or they went to their suppliers to buy items and upon reaching the store they add up the items one by one and write it down in a record book. And when the time comes to put it into display they conscionable attached a hoodlum for the price in every item. And if there is a sudden change in price of the items, they just erase the records in the record book and modify the price. Staffs like Manuel Ciyab create manually reports, check their inventory weekly and report it to the owner, Mrs. Miguel. The existing customer transaction is just a typical buying the customer arrived, walk thro ugh the store and look in the shelves for the item they want and the staff will assist the customer and walk with her/him to look for the items.And eventually after paying the items, the staff uses a calculator to compute the total price and issue a receipt by writing it in a formatted paper, pick up the date, total price, change etc. At the end of the day the staff will list all items and compute for their sales. Again, using a calculator and writing it in a record book. The current system was done manually, their encounter some problems that occur in the process. Considering the problem cited, the proponents intended to develop an inventory system with point of sale that would help the company for the fast monitoring of items, accurate reports and fast customer transaction.1.3 Objectives1.3.1 General ObjectiveTo develop an Inventory System with Point of Sale for Miguels Home Merchandise that will improve the current process of inventory, lessen the time consumed in categorizing, pricing, monitoring of the items and customers transaction. .1.3.2 Specific ObjectivesThe proposed system aims to achieve the following objectives 1.3.2.1 To develop a module that will provide an inventory and transaction system for the company.The proposed system will have the user to input items data electronically for more secure and faster data retrieval and count all items accurately while the customers will just go to the cashier and because of the search feature of the computerized system it will be easy to find if the item is available. And the staff will compute the total amount using the proposed system and the issuing of receipt is already printed.1.3.2.2 To develop a module that will monitor the reorder and critical level of companys items.The proposed system has a module on which items are monitored if there are in reorder or critical level, and the system will automatically give the axe the user if there are any items that reached its critical level using color codin g.1.3.2.3 To develop a module that will generate fast and accurate reports.For computing reports such as daily sales report the system provide a module that will generate necessary report to stipulate product master list and sales report. The time will lessen since all the computing is done in the system.