Related Literature and Studies Inventory System

Topics: Computer, Accounting software, Management Pages: 4 (983 words) Published: August 12, 2013
CHAPTER II
REVIEW OF RELATED LITERATURE AND STUDIES

Every piece of ongoing research needs to be connected with the work already done to attain an overall relevance and purposes. The review of literature thus becomes a link between the research proposed and the studies already done.

I. REVIEW OF RELATED LITERATURE

A. Foreign Literature

1. Janes (2011) stated that computers are extremely reliable device and very powerful calculators with some great accessories applications like word processing problem for all of business activities, regardless of size, computers have three advantages over other type of office equipment that process information because computer are faster, more accurate more economical.

2. Reyes (2005) task would be time consuming to accomplish manually and more practical with the aid of computers field in cabinet.

3. Inventory Management Systems
Inventory management systems were created to help dealerships implement, maintain, and fine-tune their inventory plans. Dealers who use inventory management systems realize quicker vehicle turns and a higher ROI than dealers that don’t. Choosing the right system can make a significant contribution to your inventory management efforts. This strategy helps a lot to come up with a successful outcome. (Zierden, 2009).

4. Differences Between Manual & Computerized Accounting Systems According to Shanker (2013), the main difference between manual and computerized systems is speed. The processed data through accounting software can create reports much faster than manual systems. A calculation through automation minimizes errors and increases efficiency. The inputted data can easily be summarized in just a few clicks. While the manual computing with paper and pencil is much cheaper than a computerized system, which requires a machine and software. Other expenses associated with computerization include training and program maintenance. Expenses can add up fast with costs...
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