Technology has been an aide to the world’s everyday problem. Since its development, man has learned how to maximize its potentials. It continues to give man solutions to almost anything, anywhere. In the world of business and economy, for example, there is an on-going clamor to use technology. The demand for its use is extensively high; therefore, the means to develop new technology for business use is a process. Automated Sales and Inventory Systems are commonly used in the business world since these are needed to keep and track the systems of inventories in any company. This automation is an answer to the manually operated sales and inventory systems of the past since the manual process takes a lot of time in recording the transactions. This technologically aided process allows efficiency in data management. It paves the way for the removal of inconsistent data and costly charges for massive spreadsheet purchases. Moreover, this is a practical system since it allows users to easily track down the purchases, expenses, and records for all inventories.
Through the years, automated sales and inventory system has become main stream in the business industry because in the line of business, time means profit. Thus, implementing the automated sales and inventory system on a company is a big help because it lessen the work load of the employees and minimize the factor of human error. As a result, employees become more efficient and productive.
The Term Paper on Information Systems in Business
List of the databases in which data about you exists •Flat- file data bases. The flat file databases are used to store small amounts of data that is required to be edited by the hand. They are made up of files strings that combine one or more files and they are effective in storing simple data lists but they become complex if the data structures are replicated. Flat file databases require a simple ...
BACKGROUND OF THE STUDY
Petron’s Treats, located in F.B. Harrison, is the selected research locale for this study. Since Treats is mostly found in Petron’s gas stations, it offers motorists and consumers a wide variety of food, snacks, and beverages. From the time when it was established on January 2000, Treats F.B. Harrison branch can accommodate one hundred customers a day.
Under its present owner – Marie Lara Aranas – it vows to surpass its earnings and advance its resource management capacity. Treats, thus, aims to change its manual inventory and sales processes. From the small drawer and logbook that keep its record sales and supplies, the store intends to upgrade this to a systematic, technology-aided process. The company wants to eliminate the difficulties of running a manual inventory. It wants to come up with a backup system to store its files and to conduct its physical inventory counts.
One of the problems of maintaining a manual inventory system is the process of tracking daily sales. The process of organizing a manual sale requires the employees to write down the sold product purchase of a customer. This can be a difficult task as one employee may lose the list of items sold or another may forget to write down a sale. Manual inventory system does not update at the end of the day with updated inventory counts. This means that one must go through the inventory items each time he needs to place an order for new raw materials, products or supplies for the inventory. This can be a time consuming process, as one will physically have to go through each product box and browse through the items.
OBJECTIVES OF THE STUDY
The general objective of the study is to develop automated sales and inventory systems that will routinely record the data through the use of a barcode scanner. The proposed system also keeps the cost under control by tracking the inventory loss statistics. Because of this proposed system, the management can easily track the cause of the loss of income. The system will also track the waste, spoilage and incidents of mishandling by tracking inventory from purchases all the way through sales. The system can help security by including log report to reduce theft and collusion that tends to be a persistent problem in a company. Specifically, the researchers would like to:
The Essay on Telephone Company Management Problems
Industry LeadersTotal Industry Earnings for 2004: 6.8 Billion DollarsMCIChief Operating Officer: Michael D. Cappellas2003 Sales (mil.)$27,315.01-Year Sales Growth(15.2%)2003 Net Income (mil.)$22,211.02003 Employees56,6001-Year Employee Growth(9.7%)Total Market Share 18.6%AT&TChief Operating Officer: David W. DormanVice President: Thomas W. Thorton2004 Sales (mil.)$30,537.01-Year Sales ...
• Develop a password-protected, window-based application that can effectively monitor the sales and inventory of the company; • Design and utilize a fast and reliable database system; and • Provide timely reports for management decision making.
SCOPE AND DELIMITATIONS OF THE STUDY
The proposed study will only focus on the development of an automated sales and inventory system for Petron Treats, F.B. Harrison Station. The system will only focus on the monitoring of the inventory movement and sales recording. The said system will run on a multi-user environment and is capable of generating reports on sales, stock movement and other related concerns. Web access to the said reports will not be included for security purposes. The system will not cover other aspects of the accounting, nor will the proposed system be integrated with other existing systems of the company. The system is independent from the ones being used by Petron Gasoline Refilling and Fuel Service Station.
SIGNIFICANCE OF THE STUDY
The researchers’ purpose of this study is to improve the system of the company from their manually operated sales and inventory system to a new automated sales and inventory system. Thus, the company will have a more efficient and a more systematic way of monitoring the products. The system will benefit the following: Company – this will help the company to be more systematic in keeping the records of their inventory and sales. Inventory systems match up purchases with sales records to ensure that all items that coming in are either being sold or are accounted for in inventory storage counts.
The said system can reduce account activities in fact that the system automatically computes incoming goods and outgoing sales. Employees – this will help the cashier registrar to easily keep track of a large inventory and recording sales. Moreover, the system will increase the productivity and efficiency of the employee. The system will also help the management to monitor the progress of sales and make it more transparent to both employee and management. Researchers – this will help the researchers to enhance their knowledge and skills in programming and developing a system to be prepared in their chosen field of endeavor in the future. Future Researchers – this research will serve as a reference to others who would want to develop another system for another client. The study can also lead to further development.
The Research paper on Swisher Systems Case Study
... inventory is not being held as long. I would also recommend that SSC look at a new system that creates the purchase orders ... Analysis After reading through the case study for Swisher System Corporation, I am aware that all ... and others. The largest contributor of SSC’s sales is the cloth heating jacket; which is ... time consuming. The SIM 4500 system does not provide the data needed for their daily ...
Chapter 2
CONCEPTUAL FRAMEWORK
This chapter presents the review of related studies and literature. It is the account of what has been published, and becomes a link between the proposed system and the studies already done. The importance of this part is to check if the proposed system of the researchers will not repeat the work that has been previously done.
REVIEW OF RELATED LITERATURE AND STUDIES
Review of related literature
Jen-Shiang Chen (2010) did a study on optimization models designed for the flow-shop scheduling. This study investigated on the flow-shop scheduling problem with multiple orders per job. The researchers considered the ready times of all orders, multiple product types within all orders, and the sequence-dependent setup times between the product types. Both lot processing machines and item processing machines were also discussed. The researchers came up with two scheduling problems and proposed that the performance measure will be taken from the total weighted completion time of all orders. The research showed two different mixed binary integer programming (BIP) formulation methods for each proposed problem. One method was based on dichotomous restrictions and the other method adopted the concept of assignment problem. Thus, four mixed BIP models were developed to optimally solve the two scheduling problems. Different formulation methods were also compared with each other for each proposed problem on the same benchmark problem data set.
In this present study, the researchers’ will propose a system that is capable of holding multiple orders in one sales order. Even if the store will be having multiple orders, each one will have status notifications for the purpose of monitoring if the order is in its Pending, Process, or Delivered Mode.
In an article by Farallon Geographics Inc., (2007) in San Mateo County, California, USA, there were infrastructure assets that needed to be managed. The County used Hansen’s off-the-shelf Computerized Maintenance Management software to catalog all assets and to create preventative maintenance schedules. The county staff added and updated location information relevant to each asset via the country’s Oracle Spatial Enterprise GIS. Fields in the GIS with a direct correspondence to fields in the asset management system were easily automatically updated and kept in sync. However, a significant number of data fields needed to be calculated using GIS tools and then entered manually into the Hansen asset management database.
The Essay on System Elements-Data Roles In System Development
The design of a system varies in response to the expected audience for the perticulare application. Some systems are intended for back rooms, some for the front office, and some are for the general public. They are designed for technical users, others for end users. Some are intended to work standalone in real-time control applications, others for an environment of timesharing and pervasive ...
In this present study, a similar system on maintenance for machine and material will also be studied. The maintenance features are in sync with the Job Order. In the Job Order, user can customize which machine and materials will be assigning in one specific order. These will turn result to automatic update of machine hours used and materials used. According to an article by Anthony DeSalvo (2009), new technology should help one gain control over inventory and the associated business processes. It was shown that to know the status of inventory and orders “real-time” is a huge in managing the operation. It was stated that warehouse control systems offer both hardware and software solutions which should readily connect to existing WMS/ERP/MES software. It concluded that most inventory processes can be automated: Receiving, Stocking, Product Movement, Picking, Consolidation and Verification, Packing and Shipping. In a report by Logaras (2008), an evaluation of the importance of collecting site-specific data for First Tier suppliers in a Life Cycle Inventory (LCI) was made.
The study compared data from an LCI database and point out other highly polluting life-cycle stages where site specific data should be collected. Data collection strategies were analyzed and recommendations were given for a future Life Cycle Assessment (LCA) study in SKF. The case study of a specific bearing has been applied. The findings showed that the type of the product that was manufactured at one of SKF’s factory. As already mentioned, this report was focused on the suppliers of SKF that provided products directly to SKF’s manufacturing facility that was called First Tier suppliers. Due to the time and data quality limitations, site specific data were collected only for the main local First Tier suppliers. These data comprised information for the raw materials and energy inputs along with the waste and emissions outputs. An analysis was performed to assess the qualitative and quantitative difference of using “real” data collected from the First Tier suppliers in opposition to the LCI data of a database. For this purpose, two simplified LCI models were established by using the GaBiLCA software program.
The Term Paper on Management Information System in Marketing Information System
Market information system may be defined as factual knowledge about the action, antecedents or consequences of social actors outside or inside the firm and the environment in which they operate. Social actors are as consumers, completions, employee, institutions, suppliers, wholesalers, retailers, govt. bodies and NGO’s. The environment actors are physical, technological, economic, legal and ...
In an article by Robinson (2011), it was mentioned that inventory systems work by recording a change in inventory at the point-of-sale and transmitting that information to inventory managers. This led and enabled the vendor and the merchant to act in coordinated ways to keep store shelves stocked. It argued that modern inventory control systems make the supply chain more efficient by tracking sales, allowing the store manager to keep a minimum amount of product in stock, while being flexible enough to handle seasonal variations in sales and surges in demand for popular products.
Review of Related Studies
According to the study “Enterprise Business Information Management system based on PDM framework,” (Him, W. Ni, Q.F. Lee, I.B.H, 2003) information availability is a key factor for business success while IT systems are critical for enhancing enterprise competitiveness. It was argued that most solutions do not have capabilities to manage entire business processes. As a result, enterprises have to implement multiple IT systems, which can cause problems of information consistency and data integrity.
This paper presented an enterprise business information management system (EBIMS) based on a PDM framework. The EBIMS model streamlines the management of information of key business processes, including quotation, sales order processing, design, planning, scheduling, and production to delivery. Built on a PDM framework to integrate many different disciplines, the multi-layered EBIMS architecture provides capability for managing key business processes with a single unified data and process model so as to achieve true process streamlining and data integrity throughout the entire product development lifecycle, and hence improving enterprise efficiency.
The Essay on Business Systems Hoosier Burger
Improving Hoosier Burger Bob and Thelma Mellankamp wanted to open their own business. They came across Myrtle’s Family Restaurant and saw a sign that said it was for sale. Bob and Thelma bought the restaurant and their own restaurant was brought to life Hoosier Burger Restaurant. The idea was one that everyone dreams of owning their own business but do not understand all the behind the scenes ...
