Sales and Inventory Thesis
CHAPTER I
INTRODUCTION
Sales and Inventory Control is an inventory tracking system that gives you up-to-the-minute detailed information on each item in your inventory. You'll know exactly how much inventory comes in, how much is on-hand now, and where it goes.
While manual methods may have their place, most entrepreneurs these days find that computerizing gives them a far wider range of information with far less effort. Sales and inventory programs now on the market let you track usage, monitor changes in unit costs, calculate when you need to reorder, and analyze inventory levels on an item-by-item basis. In fact, many experts say that current computer programs are changing the rules of the ABC analysis. By speeding up the process of inventory control, computers give you more time so you can devote as much attention to the B and C items as to the A's.
You can even control inventory right at the cash register with point-of-sale (POS) software systems. POS software records each sale when it happens, so your inventory records are always up to date. Better still, you get much more information about the sale than you could gather with a manual system. By running reports based on this information, you can make better decisions about ordering and merchandising.
BACKGROUND OF THE STUDY
HISTORY
As envisioned 3 years ago, The JBB Optical Stop, located at Lorez Plaza in Antipolo, a definitive name in the eyewear and eye care industry, began its pioneering concept of a one-stop eyewear center in 2008 with eye care service sales and fashion center, all under one roof. People behind this innovative endeavor are Dr. Gil E. Divinagracia, an Optometrist and Dr. Noel Santos, another Optometrist. The Optical Shop was borne in response to the growing public need for the convenience of getting all their optical products in just one place. The Company fulfilled these needs, and at the same time, had grown into a very successful venture - trailblazing its way towards the forefront of
INTRODUCTION
Sales and Inventory Control is an inventory tracking system that gives you up-to-the-minute detailed information on each item in your inventory. You'll know exactly how much inventory comes in, how much is on-hand now, and where it goes.
While manual methods may have their place, most entrepreneurs these days find that computerizing gives them a far wider range of information with far less effort. Sales and inventory programs now on the market let you track usage, monitor changes in unit costs, calculate when you need to reorder, and analyze inventory levels on an item-by-item basis. In fact, many experts say that current computer programs are changing the rules of the ABC analysis. By speeding up the process of inventory control, computers give you more time so you can devote as much attention to the B and C items as to the A's.
You can even control inventory right at the cash register with point-of-sale (POS) software systems. POS software records each sale when it happens, so your inventory records are always up to date. Better still, you get much more information about the sale than you could gather with a manual system. By running reports based on this information, you can make better decisions about ordering and merchandising.
BACKGROUND OF THE STUDY
HISTORY
As envisioned 3 years ago, The JBB Optical Stop, located at Lorez Plaza in Antipolo, a definitive name in the eyewear and eye care industry, began its pioneering concept of a one-stop eyewear center in 2008 with eye care service sales and fashion center, all under one roof. People behind this innovative endeavor are Dr. Gil E. Divinagracia, an Optometrist and Dr. Noel Santos, another Optometrist. The Optical Shop was borne in response to the growing public need for the convenience of getting all their optical products in just one place. The Company fulfilled these needs, and at the same time, had grown into a very successful venture - trailblazing its way towards the forefront of