...Road,Pamplona Tres,Las Piñas City Title: Computerized Inventory System Subject: Software Engineering Author: Bautista,Jan Royette L. Calim,Michellle Lumbang,Matt Andrew Degree: 2nd year student Date Started: January 2016 Date completed: Objective of the Study The general objective of the study is to develop a computerized inventory system that will make the owners inventory system easier and comfortable for the benefits of the company. And to identify a minimum stock level to keep detailed records with a good inventory system. Scope and Limitation The Computerized Inventory System provides a good quality system that can organize the food inventory system easier than manual of the system. The Inventory keeper of the company can handle the security of their inventory using the system provides. The system we provided is limited because it only keeps or stores the inventory record. Easily deletes the data in the system. The other limitation is that an employee might enter data incorrectly, introducing inaccurate information that can compromise decision-making. Output of the study A computerized inventory system can manage the stocks of their inventory if it is low count or a big count of food supply. The system can be also use for keeping the previous data of the food inventory. Stores the food stocks and manage inadequate and volume...
Words: 4399 - Pages: 18
...2015 – 2016 COMPUTERIZED MANAGEMENT AND MONITORING SYSTEM FOR RAPA GENERICS PHARMACY A proposal Presented to Mr. Neil Martin S. Maraneta In Partial Fulfillment of the Requirements for the Subject of Systems Analysis and Design by: Lastname, Firstname MI. Mr. Neil Martin S. Maraneta Instructor November 2015 1.1 Introduction A pastor named Ferdie Sinense together with his wife Marisa Sinense who works as an auditor, established Rapa Generics Pharmacy on September 23, 2011. The main branch of this Pharmacy is located at Pandi Road in Bulacan City. Anthony Rudil, a licensed pharmacist and Jennifer Robela the assistant pharmacist are currently managing the business. In addition to that, the business opened its door to three more branches located in Pulang Lupa, Pandi Bulacan and Marikina. 1.1.1 COMPUTERIZED MANAGEMENT AND MONITORING SYSTEM FOR RAPA GENERICS PHARMACY 1.1 Overview of the Current State of the Technology The use of manual business process has declined since the rise of computerized and automated systems, and nowadays, the use and need of these systems have become prevalent among developed and developing countries due to the increased productivity and efficiency of data processing. Because of this, our recipient decided to accept our proposal, which is the “COMPUTERIZED MANAGEMENT AND MONITORING SYSTEM FOR RAPA GENERICS PHARMACY”. And in order to achieve this, Sales and Inventory System for RX Drug...
Words: 1283 - Pages: 6
...Proposal entitled COMPUTERIZED MANAGEMENT AND MONITORING SYSTEM FOR MONTEJO NEWSPAPER SUPPLY AND MAGAZINE DISTRIBUTOR In Partial Fulfillment Of the Requirements for the Degree of Bachelor of Science in Computer Science By: Artates, Lynse L. Pagatpat, Bonn Martin S. Piamonte, Joie Ara Mari C. Tupaz, Sieg Wilfred A. Mr. Michael Ellis Thesis Adviser October 2012 1.1. Introduction The used of manual processes in business has decline since the rise of computerized and automated systems. And in fact, nowadays, the use of computer-based business system has become prevalent all throughout the developed and developing countries around the world due to the increased productivity and efficiency of data processing. In the case of Montejo Newspaper Supply and Magazine Distribution they are currently using the manual sales and inventory system wherein computing for these are done manually. But in dealing with these transactions, accuracy, reliability and speed of human skills in performing these transactions are limited because clerical errors are often inevitable. Because of these, they accepted our proposed system. With the Montejo Newspaper Supply and Magazine Distributor, the tracking of sales, controlling of inventory, recording of products, calculating of numerical data and searching, sorting and filtering of item will translated into an automated process which considers speed accuracy, orderliness and maintainability of the system. Computerized Management and Monitoring...
Words: 1475 - Pages: 6
...and Studies Computerized sales and inventory systems help manage products and ensure that transactions are completed correctly. These tools track products and provide ongoing inventory controls that reduce shrinkage. Use of these resources makes retail activities much easier and efficient. 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 save 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 is in a till and what time transactions took place. They also allow for consistent experiences in terms 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 ongoing consumer relationships. Computerized systems are the most common method of inventory control and sales processing in retail markets. Description of the Existing System This part describes...
Words: 1374 - Pages: 6
...Point of Sale (POS) and Inventory management is vitally important for any business that sells a product. An inventory system must stasis having enough inventories on hand to meet the insistence of customers while investing as little money as possible in inventory. An inventory system is basically a development whereby a business keeps track of the goods and material it has available. In its snap sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. However this is only really relevant for small businesses that do not have a lot of stock. For larger business it is more likely that a computerized system will be essential. These days a computerized Point of Sale and inventory system is the most likely to be used by medium and large businesses although some small businesses may also use this. These commonly use bar codes or radio frequency identification tags to keep a record of inventory objects. This can be used to keep a track of customer orders, monitor the stock a business has available for render orders and also provide details of when inventory needs to be restocked. Using computerized Point of Sale with Inventory will give benefits to the business owners, employees/staff and to the customers. Computers and bar codes allow for a more adept management of inventory levels and provide a clearer view of inventory movement. More businesses are using transactional review...
Words: 348 - Pages: 2
...COMPUTERIZED INVENTORY AND BARCODING SYSTEM(CIBS) A Thesis Presented to the Faculty of College of Computer Science Palawan Polytechnic College In Partial Fulfilment Of The Requirements for the Degree Bachelor of Science in Computer Science By: Gregorio, Diana Rose L. Pulido, Ava Krisha L. March, 2015 Chapter 1 Introduction Now a day we are living in a modern world in which technology affects in the lives of people. As a proof of modernization, computers had been developed. It greatly affects our lifestyles, our health, communication, and information activities. And it is also a guide in dealing business. A business is typically formed to earn a profit that will increase the wealth of its owners and grow the business itself. The operators and owners of a business have as one of their main objectives, the receipt or generation of financials return in exchange for work and acceptance of risk. Computerized Inventory and Barcoding systems often face customer demands for many different products. The demand characteristics may vary from product to product and therefore an inventory manager will generally apply a customized policy for every product. However, in most cases, all customer demand for a single product is handled in a uniform way. Although the order sizes may vary greatly and some orders can be handled in a different way than others, each unit demanded is considered equally important. The system also allows the inventory to be well in-checked without much labor. Just...
Words: 1136 - Pages: 5
...help retrieve and update the files of every individual. Most people use computer as storage device especially in big business that require development of system. Mercury Drug Store Bulacan Balagtas Town Center Branch is offers health related services and is located in Bulacan, Philippines. You can contact them on phone on 63 44 693 2955 or you can meet them at their address in Bulacan which is Stall 106-1 Balagtas Town Center, Balagtas, 3016, Bulacan. Mercury Drug Store Bulacan Balagtas Town Center Branch listed sevices activity is Pharmacies. The proposed system will help the company. The researcher was able to conduct a study on developing the Mercury Drug Store point of sale and inventory system. This system could help process reports and information and update the price and stocks of the products. 1.1 Background of the study It has been disclosed during the interview that Mercury Drug Store – Balagtas Town Center Branch needs a computerized inventory system. The company’s current inventory monitory system though works for them has to automate. A simplified computerized inventory system will be very helpful to the company since this will expedite its inventory workflow as well as generate very timely reports needed by the management for its evaluation and review and overall decision making. An inventory control system is a process for managing and locating objects or materials. In common usage, the term may also refer to just the software...
Words: 944 - Pages: 4
...An additional benefit of using a computerized inventory system is the accuracy it ensures. Eighteenth century English poet Alexander Pope is often quoted as having said, “To err is human.” 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. For instance, if a clerk accidentally adds a zero to the end of a purchase order, a business could potentially end up paying for 10,000 units of merchandise as opposed to the 1,000 that is actually needed. A small business operates most efficiently when its processes are executed in a consistent manner. By using a computerized inventory system, a business owner can ensures that all orders, reports and other documents relating to inventory are uniform in their presentation, regardless of who has created them. This will allow ease of reading. In addition, uniformity creates a professional appearance, which can go a long way to impress associates, such as potential investors.Efficiently tracking inventory is an imperative component to a small business’ successful operation. By having up-to-date data regarding all needed office supplies, raw manufacturing materials and merchandise for sale, an organization will drastically increase its bottom line. In addition to the money saved by not reordering unnecessary goods, an enterprise will be better positioned to services customers quickly, as well...
Words: 411 - Pages: 2
...The word system does not necessary related to computer or other electronic device . The word actually implies to two or more related components working together to achieve a common purpose . In the simplest explanation , accounting information system is the system of records a business keeps maintaining its accounting system . It is a system of collecting and processing transactions data and disseminating financial .Thus when accountants first started to keep journals for a company, all that was used were pencil and paper, and then came the calculator. Now accounting information system is there to provide all kinds of information to the management. It helps in key management functions of planning, organizing, leading, and evaluating as they...
Words: 1056 - Pages: 5
...Goodner’s Huntington sales office. * Existence – Record the purchase orders in standard form as soon as sales reps receive them. * Rights and obligations – Limit rights for sales reps. * Completeness – Record the purchase order, ship the inventory, and receive payment. * Valuation – Keep accuracy for the value. 2. List the key internal control weaknesses that were evident in the Huntington unit’s operations. * Ineffective controls of physically counting * Sales rep (Woody) involved in physically counting and took the count sheets for both team to the sales office, which mean offered him chances to manipulate the numbers * Ineffective accounting procedures that do not tie recorded purchases to receiving data * The sales reps often jotted the details of a transaction on a piece of scrap paper and entered information later either by themselves or others. * Unrestricted access to the computerized accounting system * Unit’s sales manager, two sales reps and bookkeeper had unrestricted access to the accounting system. * Lack of separation of duties * Sales reps had direct access to the inventory storage areas * Sales reps can load and delivered customer orders themselves * Sales reps had unrestricted access to the computerized accounting system * Sales reps involved physical counting * Receptionist doubled as a secretary * Lack of physical safeguards * No physical safeguards for inventory. 3. Develop...
Words: 500 - Pages: 2
...benefits of inventory control Computerization is the key to maintaining proper inventory levels Corporate Detroit (reprinted with permission) By Donald Reimer, CMC & Ravi Nayar, CMC Today, maintaining the right inventory levels is a tough challenge. If not properly managed, your inventory can result in a significant expense. Looking over your shoulder is the lender who is concerned about the cost of carrying too much inventory - which can affect profitability. Fortunately, there are management information systems that exist which use microcomputers and a variety of industry specific software. The cost of carrying inventory today has become a major expenditure and requires immediate attention. The benefits of inventory control far outweigh the costs. Any reduction in inventories, whether it is raw material, work-in-process, finished goods or supplies, can have a dramatic impact on your bottom line. Industry averages suggest that a 20 percent reduction in inventory is achievable with a computerized inventory control system. For a company with a yearly sales volume of $1 million, such a reduction would result in savings of $14,400 per year and would free up $48,000 of new dollars for reinvestment. For a company with a yearly sales volume of $10 million, the figures are proportionately higher: $144,000 per year in savings and $480,000 in new dollars for reinvestment. | "The benefits of inventory control far outweigh the costs." | | | A computerized inventory control...
Words: 853 - Pages: 4
...Chapter 1 1.1 Introduction 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. Sales and Inventory Control is an inventory tracking system that gives you up-to-the-minute detailed information on each item in your inventory. You'll know exactly how much inventory comes in, how much is on-hand now, and where it goes. While manual methods may have their place, most entrepreneurs these days find that computerizing gives them a far wider range of information with far less effort. Sales and inventory programs now on the market let you track usage, monitor changes in unit costs, calculate when you need to reorder, and analyze inventory levels on an item-by-item basis. Indeed, automation process or electronic-based operations have invaded every work place. It is being employed into operational activities to be able to simplify all related activities and operations. Every business owner wants to know which product sells the most, which customer’s or client’s buys frequently, how much inventory is on hand, and what method is preferred by customer when paying and how much did they actually sell on a particular day. The sales and Inventory system is software that manages incoming...
Words: 956 - Pages: 4
...Zamboanga commenced its business last Nov. 5, 2011 while the one located in Jolo, Sulu has been in the business for two years already. System Background The store uses a manual inventory system and sales system in monitoring its inventory and sales level. The systems used on both branches do not differ so much. Both branches has a manual inventory system wherein they personally and manually check the remaining inventory in their store room and uses only a calculator in computing for the total costs of the products bought by customers Problem Statement Matrix |PROJECT: point of sale inventory management system/electronic cash |PROJECT MANAGER: SUV2D | |register | | |CREATED BY: SUV2D/SAUSVAVIDA |LAST UPDATED BY: Saipudin, Ivy Rose C. | |DATE CREATED: July 25, 2012 |DATE LAST UPDATED: July 31, 2012 | |CAUSE-AND-EFFECT ANALYSIS |SYSTEM IMPROVEMENT OBJECTIVES | |Problem or Opportunity |Cause and Effects |System...
Words: 493 - Pages: 2
...Proposal entitled COMPUTERIZED MANAGEMENT AND MONITORING SYSTEM FOR MONTEJO NEWSPAPER SUPPLY AND MAGAZINE DISTRIBUTOR In Partial Fulfillment Of the Requirements for the Degree of Bachelor of Science in Computer Science By: Artates, Lynse L. Pagatpat, Bonn Martin S. Piamonte, Joie Ara Mari C. Tupaz, Sieg Wilfred A. Mr. Michael Ellis Thesis Adviser October 2012 1.1. Introduction The used of manual processes in business has decline since the rise of computerized and automated systems. And in fact, nowadays, the use of computer-based business system has become prevalent all throughout the developed and developing countries around the world due to the increased productivity and efficiency of data processing. In the case of Montejo Newspaper Supply and Magazine Distribution they are currently using the manual sales and inventory system wherein computing for these are done manually. But in dealing with these transactions, accuracy, reliability and speed of human skills in performing these transactions are limited because clerical errors are often inevitable. Because of these, they accepted our proposed system. With the Montejo Newspaper Supply and Magazine Distributor, the tracking of sales, controlling of inventory, recording of products, calculating of numerical data and searching, sorting and filtering of item will translated into an automated process which considers speed accuracy, orderliness and maintainability of the system. Computerized Management and Monitoring...
Words: 298 - Pages: 2
...nowadays which are high-priced medications. Founded by Mr. Mendoza, Mendoza Drugstore was established on March, 2011 in Santa Maria, Bulacan. The company has two employees and one administrator. Although the pharmacy provides cheap but effective medicines to their townsmen, problems arise with the pharmacy performance. The sales and inventory transactions in the store using only calculator has a very slow processing considering they do not have a computerized sales and inventory system yet. The processing of sales and inventory usually begins when a customer buy medicines over the counter. The employee will now perform the sales transaction. After the transaction, receipts should be given to the customers but they still do not have a receipt processing system. On the other hand, the medicines bought by the customers should be automatically reduced in the inventory area. Newly delivered medicines are also processed in the inventory. 1.2 Conceptual Framework Figure 1.0 Conceptual Framework of the Proposed System Figure 1.0 presents the main obstacles of the pharmacy since it settled down to business. From slow point of sale transactions...
Words: 1495 - Pages: 6
