Topics: Time, Present, Business Pages: 4 (911 words) Published: January 31, 2013

A Project Paper
Presented to the faculty of the Institute of Information Technology College of Liberal Arts and Science
Colegio de San Juan de Letran

In Partial Fulfillment
of the Requirement for the degree of

Manalili, Eliazar
Co, Marc Wivenson
Osio, Ryan Joseph

February 6, 2012

Inventory is the total amount of goods and materials that are stocked by a store, factory, and many other business. An Automated Inventory System is a process whereby a business keeps track of the goods and material it has available automated. In its simplest sense it can be done computerized 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. Automated Inventory System is an Inventory System that is automated and it helps you to record your data using a computer and not manually writing it down on your files.

An inventory of a business in any industry, we know how important it is to maintain an efficient, accurate monitoring and control system. Not having appropriate supply levels of your important tools, MRO items, or other inventory on hand can quickly throw an otherwise smoothly running business into disarray. Luckily, the advanced solutions available from your Company can help you by installing an automated inventory system that can streamline your inventory management and create savings opportunities. Many companies nowadays usually lack an efficient inventory system. This is usually because most small time dealers don’t care much about the existing system due to the reason that the business is still small and just growing. This is why in unexpected incidents such as lost of certain items, problems arise. This shows the importance of inventory systems in such businesses

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