Venture Motorcycle Sales Corporation Online Sales and Inventory System

Topics: Transaction processing, Short Message Service, Text messaging Pages: 8 (2722 words) Published: September 10, 2012
Chapter I

I. Statement of the Problem and its Background

Information Technology is the area of managing technology that spans a wide variety of areas that include computer software, information systems, computer hardware, programming languages and are not limited to things such as processes, and data constructs. Anything that renders data, information or perceived knowledge in any visual format whatsoever, via any multimedia distribution mechanism, is considered part of the IT domain. IT had already crept in every nook and crannies of our lives, from e-commerce up to mobile banking and social networking sites and indeed information technology is an undisputable part of our social and economical life today. Inventory management is primarily about specifying the shape and percentage of stocked goods. It is required at different locations within a facility or within many locations of a supply network to precede the regular and planned course of production and stock of materials. The scope of sales and inventory management system concerns the fine lines between replenishment lead time, carrying costs of inventory, asset management, inventory forecasting, inventory valuation, inventory visibility, future inventory price forecasting, physical inventory, available physical space for inventory, quality management, replenishment, returns and defective goods and demand forecasting. Balancing these competing requirements leads to optimal inventory levels, which is an on-going process as the business needs shift and react to the wider environment. Venture Motorcycle Sales Corporation is a commercial establishment focused on dealing motorcycles and its parts. It is situated at Lalud, Calapan City and is one of the pioneers of motorcycle dealings in the aforementioned city. Up to this date, they still use manual sales and inventory system which consumes time and makes transaction for the customer quite lengthy. The proponents of the study thought that this research would aid the fore mentioned institution in making their dealings and transactions easier, less time consuming and less hassle for the clients. This system, if proved possible, would also open the gateway of globalization to the institution. II. Objectives of the Study

General Objective
To develop an online sales and inventory system with SMS Balance Report System for Venture Motorcycle Sales Corporation Specific Objectives
This study aims to achieve the following specific objectives: 1.To improve the services transactions rendered by Venture Motorcycle Sales Corporation. 2.To gather data needed for the development of the site.

3.To provide an ease of access to information to the users. 4.To develop a sophisticated notification system.
5.To develop an online billing for Venture Motorcycle Sales Corporation. 6.To evaluate the efficiency and affectivity of the system
III. Significance of the Study
This system is significant to a different group of possible users. Entrepreneur and its Employees. The online sales and inventory system for Venture Motorcycle Sales Corporation could make the transactions and dealing of the mentioned institution more sophisticated and reliable. This system would also keep them up to date with the latest innovations in the field of information and technology making them ahead of their competitors in their field. This system would also generate a larger market since this system would be launched in the World Wide Web, and thus giving them access to global market and higher profits. It could also provide the corporation a highly sophisticated way of informing their clients and offer the best possible way of notifying their customers. Customers. It could lessen the time consumed on each transaction for the benefit of the clients and, at the same time, the employees. It could avoid possible hassle for the customers. Other Interested Parties. It would provide background information regarding the institution without...
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