Background of the Study Inventory System

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In 1990, from a residence in Manila, Epifania de Jesus put up a small sari – sari store which is retailing goods and soft drinks. Eventually, their store became bigger with the help of her husband; and in 1998 they expanded the store from retailing to a

wholesaler soft drinks store and named it “Funny Kids”. The store’s name came from the owner’s name and her five daughters. The business started its operation at Sampaloc, Manila in June 1998. In 2000, the store owner added alcoholic beverages to provide all beverage needs of the customers. Leveraging on the business as a high-level customer provider, they open up a mini-grocery in 2009. Now Funny Kids store is operating for twelve years, providing soft drinks and alcoholic beverages within the area of Sta. Mesa and Balic-Balic Manila. Customers usually order soft drinks and beers, including Coca Cola Products, Pepsi Products, ARC Cola’s, Cosmos, San Miguel Products and other beverages that customers demand. Customers are ordering from the store every other day, the store personnel distribute beverages to almost sixty to eighty stores within the said area. The store sold approximately ninety to one hundred cases of beverages on normal days and on peak days they sold almost two hundred cases of beverages while on off peak days they only sold eighty cases. At the end of the day, the store keeper checks their stocks if how many beverages are still available for delivery on the next day. The store keeper also checks the cash at hand with the receipts they released on that day that was given to their couriers that made the delivery to their customers on their place. They verify if the cash in hand is equivalent from all the issued receipts for the entire day. Receipts, Inventory and Sales reports are done manually by the owner, or sometimes by the storekeeper. Almost every time the receipts and reports fades out for it can be easily erased if it is stocked for a long time and they do not have any soft copy for the...
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