Inventory System

Topics: Following, Material, Proposals Pages: 3 (536 words) Published: January 8, 2013

We would like to acknowledge and extend my heartfelt gratitude to the following persons who have made the completion of this thesis:

Our SAD Adviser, Mr.LarryNario ,for her vital encouragement and support.

Mr. Franz Orno the owner of the business for answering our questions politely, for helping us supporting documents we need for the tasks.

Most especially to my family and friends

And to God , who made all things possible.

An inventory system is a process or procedure where the total amount of goods and materials contained in a store or factory at any given time. 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.

The word "inventory" can refer to both the total amount of goods and the act of counting them. Many companies take an inventory of their supplies or a regular basis in order to avoid running out of best seller items. This type of system also allows you to order products in advance, so you have everything you need at all times . Shortage a average after an inventory as indicate a problem with thefta inaccurate accounting practices. The purpose of an inventory

system is to keep track of what you can easily satisfy the needs of your costumer when they contact you to buy you products.

Background of the study:

3.Statement of the problem:
Monitoring of stocks and updates of new parts.
3.1. General problem:
The products is unorganized and the system is manual
3.2. Specific problem:
Lack of security
The employee found out that some of their products are running low. •Robbed and loosing their products.
Not accurate of inputting data.

4. Objective of the study:
To help the employee to inform the amount of the...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay on Inventory Management Systems
  • Inventory System Essay
  • Essay on inventory system
  • Shapers Family Shop Sales Inventory System Essay
  • sales and inventory Essay
  • sales system documentation Essay
  • Essay on Record Management System Chapter 1
  • Inventory System Essay

Become a StudyMode Member

Sign Up - It's Free