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Computerized Sales and Inventory

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Computerized Sales and Inventory
1. Introduction 1.1 Background of the Study Technology results computerization which has been a common part of our everyday needs in this world. Rapid advances in technology have helped to meet these demands of society. Computerization has been somehow revolutionized the modern world which ushered what we called the “Information Age”, where knowledge has become accessible and available to everyone. The proponents have witnessed its evolution, and even its enormous benefits. Due to this, its importance can no longer be denied.

The modern age of computerization made it plausible on business and corporate organizations to keep up with the demands of their industries. At present, most businesses are equipped with the latest Information Technology Systems that allow them to function fully and effectively in the efficient delivery of their products and services. But still, some small and medium-scale companies still rely mostly on pure human efforts to do some tasks.

Through Sales and Inventory System, the importance of computerization is vastly utilized. A system is a set of detailed methods, procedures, and routines established or formulated to carry out a specific activity, perform a task, or solve a problem. Sales and Inventory System is one of the most important systems on process of any business because it involves the management of products, materials, and equipments which is vital on production management. Inventory is a process of counting products and listing goods and materials available in stock by a business. An inventory of stocks consists of all the physical assets of a business. It is usually performed in order to know the availability of products. A sale is the pinnacle activity involved in the selling of products or services in return for money or other compensation. It is an act of completion of a commercial activity. The Sales and Inventory System is made necessary in order to keep inventories at their

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