Inventory System

Topics: Convenience store, Business, Convenience Pages: 2 (478 words) Published: February 21, 2013

Alipio Umiten IV
Jemuel Pigon
Sonny Boy Sumoda

Many companies are using inventory systems for their success and growth. Inventory systems have a variety of functions that have purpose in businesses. Promoting the sales and shrinkage control are two main functions of inventory system. Promoting the sales function deals with availability of sufficient products for the customers whereas shrinkage control function deals with monitoring the occurrence of damage loss, or theft, etc. of the products. A company must have a powerful inventory system in order to supervise the company’s inventory. Conducting an inventory is one of the critical operations of the company, gathering data is important to keep the company more updated in their products. A manual inventory system is more difficult to conduct. It requires more time, more effort to conduct. It will make the processing of data or updating the records slower and burdensome for the people involved. The proposed system will eliminate some of difficult tasks, minimizing them into smaller manageable problems to solve.

Background of the Study:
An inventory system is a process whereby a business keeps track of the goods and material it has available. It can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming into the business and goods being sold. DCRN Sari-Sari store is the one that we want to make a system. The business is about 3 years. It sells groceries, can goods, rice, and even nails, screw and many more. It is an all in-one hardware and convenience store. As time pass by, the business becomes progressive. Inventory System gives business owners a convenient way of checking out the availability of the product for customers. Almost all business firms, schools and other institutions, computers have significant impact in their works. People rely on computer for...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay on inventory system
  • Essay on Inventory Management Systems
  • Essay on Computerized Inventory System
  • sales and inventory Essay
  • Essay on Record Management System Chapter 1
  • Automated Inventory System Essay
  • Inventory System Essay
  • Inventory System Essay

Become a StudyMode Member

Sign Up - It's Free