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Need an account? Thesis custom functions here to sign up. Download Free DOC. Download Free PDF. Sales and Inventory System Thesis Documentation.
Kim Ivory Santiago. Download PDF Thesis custom functions Full PDF Package This paper. A short summary of this paper. CHAPTER 1 I. Motivation and Background A sales and inventory system is a software-based business solution used to simultaneously track sales activity and inventory.
Manufacturers and trade resellers can both benefit from a thorough solution, where single transaction entry records necessary details on the customer, products purchased, price and date while also updating inventory levels, thesis custom functions. Using computerized sales and inventory systems allows for much greater accuracy in stocking and product management.
They encourage ease of interaction between employees and shoppers as transactions are processed and items move from the business to the consumer. Computerized sales help provide better insight into which products are most popular.
It also allows for enhanced marketing, stocking and oversight of critical sales objectives. Computerized sales and inventory systems thesis custom functions time for businesses by speeding up transactions while raising accuracy.
This allows for confidence in accounting and accountability among employees as it is easy to verify how much money and what time transactions took place. They also allow for consistent experiences in thesis custom functions of customer service. People know there is always a uniform interaction at the register that requires tendering payment, taking a receipt and transition of ownership of products and services.
This generates confidence in a business and ensures on going consumer relationships. Computerized systems are the most common method of inventory control and sales processing in retail markets. In using this computerized sales and inventory system you can establish the benefits you and your business handling may have. First is time savings. The amount of time that can be saved by a business is perhaps the biggest benefit of using a computerized inventory system.
In cases where a shop maintains all data manually, thesis custom functions, its manager must reconcile each sales receipt with every piece of physical inventory. Depending on the size of the establishment and how many different products are sold, thesis custom functions, this can be a daunting and time consuming task. If that same store, however, used a computerized point of sale or POS System, the master inventory list would be updated electronically each time a sale is made.
The only thing a manager would have to do each day is print out the report highlighting the inventory to be restocked, thesis custom functions.
Second is accuracy. An additional benefit of using a computerized inventory system is the accuracy it ensures. When an inventory list is maintained by hand, the margin of error widens with each update. If one mathematical calculation is wrong or one typo is made, disaster may occur. And lastly is the consistency. A small business operates most efficiently when thesis custom functions processes are executed in a consistent manner. This will allow ease of reading.
In addition, uniformity creates a professional appearance, thesis custom functions, which can go a long way to impress associates, such as potential investors. The company Pharmacia Josefa Drugstore is a small drugstore that is managed by one person, the owner. The business sells different items or products like a typical grocery store that we can see everywhere. Like some other convenience store, the business does their physical counting of stocks manually. Technically, Pharmacia Josefa Drugstore is only using a manual system that may cause to duplication of documents thesis custom functions work redundancy.
The business is just depending on their manual listing of products and inputs of data which is possible to commit errors. In some instances, lost items are just being ignored by the owner, thesis custom functions. But before, thesis custom functions, the business had one cashier on that time.
And basically, it reduced the income and force to remove employees. Now, the owner is the one who does all work in the business. Handling a whole business is a difficult job to do, especially if you are alone. The owner is the one who accepts the deliveries from the supplier, list the products delivered, arrange the product on the shelves and many more. So it is possible that the owner will get confused, especially if the customer and the supplier come in the same time.
The owner will get confused because he will attend to the needs of the customer while accepting the delivered products. Their ways of managing the sales and inventory is that they manually save records, accounts and their transaction which results to un-liquidated expenses. The given tally or the recorded amounts have their differences especially in the recorded amounts and the cash on hand.
Aims and Objectives The proponents now endorse our proposal which can help to implement good and accurate system to the company. The proponents gave their best to satisfy the current needs of the business by making a computerized sales and inventory system that will help them in their business. To design, develop and implement a file maintenance module that will handle the files, records and important data of the business. To design, develop and implement a sales module that will handle the sales transaction of their company.
To design, develop and implement a generated module that will handle the sales and inventory reports. To design, develop and implement an inventory module that will handle the inventory of products.
Significance of the Study The significance of this study to Josefa Pharmacia Drugstore is that it will provide easy-to-use and easy-accessed system thus; transactions will be more reliable and faster that they do not have to hire another employer to do the job. It gives more accurate and secure records of sales and list of products. Scope and Limitation The proponents thesis custom functions system for Pharmacia Josefa Drugstore can do file maintenance, product maintenance, transaction, product transaction, create an account and reports, thesis custom functions.
To design, develop thesis custom functions implement a module that will handle the security for the system. User Accounts — this contains the function for adding, and editing user name and password. Of course the authorized user can only be the one using the system. User Level — A security access control system.
In case they have the followings: Staff — can access only the inventory To design, develop and implement a file maintenance module that will handle the files, records and important data of the business. Products — It contains all the record of adding of products. Employee — It contains all the record of adding and deleting of employees. Purchased Order — a module that handles generating of purchase ordered for the supplier thesis custom functions they came.
Bad Order customer — list of items buys by the customer to the business, but needed to be return because of some damage product and must change with new ones but this must be within the store only. Acquisition — list of items that are needed to be checks for possible damages, and to the company can return the damaged item to the specific supplier. All items that are available in the company are monitored by the use of the following inventory methods: Critical level — items that are low on stock will be monitored by the system in order to have sufficient stock.
To design, develop and implement sales module that will handle the inventory of products, thesis custom functions. This system provides sales transaction for the company, thesis custom functions. It holds information data regarding their sales operations and provides an auto generated receipt for their customers.
It makes the work easier, faster and more accurate. Due to that fact, the automated scheme has become essential to small and big companies for they are expected to give the best services possible.
Nevertheless, some businesses still prefer sticking with the system that is not integrated with technology, thesis custom functions. Probable causes are computer illiterate staff and lack of funds. One of the most sought after automated systems of different companies is a sales and inventory system which comes hand in hand.
A sales and inventory system is very important in every organization because a good sales and inventory management can create excellent productivity. Primarily, inventory work consists of input, output and restock, thesis custom functions.
Input is a process of buying new products into the inventory and replacing the old products with the new ones. Meanwhile, output is a procedure of taking out the products from the inventory for sales or usage and refill is a process of increasing the number of existing products in the inventory in order to fulfill the insufficient products or escalating demands. Most of the retailing market is using traditional way in the inventory management system where a person is assigned to check and record the stock by hand using pen and paper.
This system enables us to make very detailed work and follows accurate directives without error. The basic advantages of the system are to make the process fast and well-organized which means that they can process much more quickly than humans.
Data retrieval has to be searched in lots of registers slowly and it wastes a lot of time. It makes the data not reliable enough as it is hand written and there is a high probability of errors to occur, thesis custom functions. Data recording consumes a lot of space thesis custom functions it is stored in cabinets and folders. It is also prone to data loss where it could be missing because of improper file management.
The employees need to know how many units of their products are available for reservation and sales and the items that are sold. All of these rely on the inventory system to present solutions. The sales inventory system would provide service to the user, input information to the database, summarize the inquiry of bills, and manage the product releases and storage, thesis custom functions.
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