Online Inventory System
Online Business Management and Monitoring System
Chapter I The Problem and It’s Background
Any business organization needs an efficient system to monitor its different daily operations. By means of today’s technology advancement, more than a few business establishments have acquired a higher level of efficiency in their transactions to what is now called system automation as it is deemed to be an efficient and ideal way of expediting any manually processed transactions. As a result of this development, businesses were able to offer quality customer services and accomplish transactions without delay. It is reputed that efficiency is a key factor to be competitive. In order for a company to be competitive in the business environment, they must have a well–designed Inventory Management and Transaction Processing System as it would aid the management to have a more structured way of organizing records, as well as tracking the inventory and sales. Likewise, they also must have a well programmed Information System so as to have access to more important and timely information in order to make reliable decisions correspondingly. Moreover, another development that is introduced to the business world is transactions that are accomplished via the Internet. Through this innovation, monitoring of results from a company’s diverse operations, may it be from another locale, can be achieved instantly. With these enhanced systems, it shall facilitate the management to have control in the operation outlays, quickly settle financial stabilities, increase productivity, and acquire fast results accurately.
Online Business Management and Monitoring System
2
In light of the discussion, the proposed study shall revolve around the innovation of Manny Ballada Farm and Pet Shop’s manual transaction processes with the development of the Online Business Management and Monitoring System (OBMMS) as the company experience adversity with their current process in dealing in its day
Chapter I The Problem and It’s Background
Any business organization needs an efficient system to monitor its different daily operations. By means of today’s technology advancement, more than a few business establishments have acquired a higher level of efficiency in their transactions to what is now called system automation as it is deemed to be an efficient and ideal way of expediting any manually processed transactions. As a result of this development, businesses were able to offer quality customer services and accomplish transactions without delay. It is reputed that efficiency is a key factor to be competitive. In order for a company to be competitive in the business environment, they must have a well–designed Inventory Management and Transaction Processing System as it would aid the management to have a more structured way of organizing records, as well as tracking the inventory and sales. Likewise, they also must have a well programmed Information System so as to have access to more important and timely information in order to make reliable decisions correspondingly. Moreover, another development that is introduced to the business world is transactions that are accomplished via the Internet. Through this innovation, monitoring of results from a company’s diverse operations, may it be from another locale, can be achieved instantly. With these enhanced systems, it shall facilitate the management to have control in the operation outlays, quickly settle financial stabilities, increase productivity, and acquire fast results accurately.
Online Business Management and Monitoring System
2
In light of the discussion, the proposed study shall revolve around the innovation of Manny Ballada Farm and Pet Shop’s manual transaction processes with the development of the Online Business Management and Monitoring System (OBMMS) as the company experience adversity with their current process in dealing in its day