The study about the problem of the Liberty Hardware store in inventory system, the proponents have reached with the help of one of the proponent named Paolo. The Liberty Hardware store at the Maceda St. Sampaloc Manila was established in June 19, 2011 and formally known as Hardware store. The owner name is Mr. Rodelyo Vigas and he allowed us to get some important information regarding their existing system and how is the process going on. An inventory system is basically a process whereby a business keeps track of the goods and material it has available. In its simplest sense 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 in to the business and goods being sold. However this is only really appropriate for small businesses that do not have a lot of stock. For larger business it is more likely that a computerized system will be required. Transaction processing systems are commonly used to operate businesses. In this era, manual transactions evolved into computerized ones. Manual inventory systems turned out to be slow and inaccurate resulting to problems like running out of stocks and slow computations of product prices being bought by the customers. The degree of success of a business greatly depends upon controlling the merchandise inventory. The continuously improving and upgrading of computer usage into more powerful and useful applications has made managing business transactions a lot more efficient and easier. Today, businesses use the computer to assist in controlling and monitoring many aspects of the businesses, since manual approach in data processing could no longer meet the demands of increasing volume of transactions. The proposed project will enable the Hardware store to increase their productivity, to have greater profitability and to serve each consumer. The project will help Liberty Hardware store to achieve their objectives through the use of this project. Background of the study
Inventory systems are tracking systems that inform you of the amount of raw materials, supplies or final products you have readily available. The inventory system is updated each time you sell an item or use raw materials to create a product, so you know what you have available for the following day or week. This type of system also allows you to order products in advance, so you have everything you need at all times. The purpose of an inventory system is to keep track of what you have in your small store, large office or product development factory. If you know what you have available for sale or to build products, you can easily satisfy the needs of your customers when they contact you to buy your products. The inventory system informs you when you need to purchase more products or supplies.
There are two main types of inventory systems. Smaller privately owned stores may use a manual inventory system, where the cashier manually keeps track of all items sold each day. At the end of the day, sold items are subtracted from the total inventory count to get an updated number available for sale. A technological inventory system tracks the purchases and gives you an updated number of inventory items left for sale. Both systems require that you manually count all of the products or items in the inventory. Statement of the problem
The company of hardware store is using manual, they have to search the files manually and check the items in the stock room. And the reports are only hand written they have no back up files for security of the important files. In this company the main problem are losing of data, redundancy of data, smuggling of items and cash. Specific Problem
* Problem 1
Losing of data - Data is the important in business the information on how many items were sold and how many was left is significant in business. Losing of data is one of the main problems of this company. Because of the manual...