Sales and Inventory System 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. In fact, many experts say that current computer programs are changing the rules of the ABC analysis. By speeding up the process of inventory control, computers give you more time so you can devote as much attention to the B and C items as to the A's.
You can even control inventory right at the cash register with point-of-sale (POS) software systems. POS software records each sale when it happens, so your inventory records are always up to date. Better still, you get much more information about the sale than you could gather with a manual system. By running reports based on this information, you can make better decisions about ordering and merchandising.
1.1 BACKGROUND OF THE STUDY
Businesses nowadays are innovating there business process into computerize transaction and making edge to other business competencies. Some business transaction made online with the used internet like: ordering, reservation registration, and etc. The most commonly system used by the company is the sales system and integrated it with an inventory system, this system handle various operations.
It was 1886, and in New York Harbor, workers were constructing the Statue of Liberty. Eight hundred miles away, another great American symbol was about to be unveiled. Like many people who change history, John Pemberton, an Atlanta pharmacist, was...