Inventory System for Gamot Publiko Drugstore Document Essay

1.1Background of the field of operationsIt has been disclosed during the interview that Gamot Publiko Drugstore inevitably a computerized take timeworn governance. The comp alls current armoury monitory form though works for them has to automate. A simplify computerized archive system exit be rattling helpful to the smart set since this entrust expedite its instrument work flow rate as well as generate very by the bye reports exacted by the oversight for its evaluation and review and overall ratiocination making. An stock certificate control system is a lick for managing and locating objects or materials. In common usage, the term may too refer to just the softw atomic number 18 components. new(a)fangled inventory control systems often swear upon barcodes and RFID tags to provide automatic identification of inventory objects. In an academic study performed at Wal-Mart, RFID reduced Out of line of descents by 30 percent for products selling between 0.1 and 15 un its a day. Inventory objects could include any kind of physical asset merchandise, consumables, rigid assets, circulating tools, library books, or cap equipment. Inventory Systems help companies with huge inventories to intimately and accurately monitor their stocks. With the use of a entropybase, information get out be pronto available to the substance abuser and can be easily updated without having to scroll through spreadsheets.1.2Statement of the taskAs business has grown quick , inventory monitoring becomes significant mover in managing overall business operation. The friendship had humble beginnings in terms of sales. From a few undemanding to handle flow of inventory stocks, the phoner had to handle outstanding volume of stocks due to sales demand. The stock cards used as inventory monitoring sheets , were transferred to MS excel fiber control sheets. As sales and secure volume increased, sales returns and inventory claims were inevitable. The process of updati ng inventory institutionalises became slow .Though reports ar generated, they were usually delayed. The need for timely inventory reports is necessary in assessing business action . A more convenient, easy to monitor, easy to access inventory monitoring system will ease the problem on unaccounted inventory and delayed inventory reports.1.3 physical objects of the lease1.3.1General ObjectiveTo develop a computerized inventory system for Gamot Publiko Drugstore that will require its inventory monitoring convenient, efficient and timely.1.3.2Specific ObjectiveTo develop a module that will automate the monitoring and updating of the gilds inventory. To develop a module that will provide a timely and convenient report generation.1.4Significance of the StudyThe phoner currently maintains inventory level at three months of its sales requirements. Before the companys inventory turns low of its inventory level requirement, an sound out needs to be placed through a secure Order duly approved by the companys responsible blessing officers. This procure Order is then move to suppliers for acceptance and delivery. Sometimes, the company does bulk put as negotiated between the supplier for bigger discounts and low pricing. So far, the company has neer encountered any problem among its supplier . Goods were so far been delivered in good narrow and on time .1.5Scope and LimitationFor the companyOur System would help the company to collect easier to store and retrieve all the data file. I will allow the management to check and closely monitor the data file transaction and status of their stock.For the userThis System lessens their time of work in checking and updating all the files and protecting of the files are included in this system so the user might open the file without concern of something happen to it.TransactionsStock OrderingA stock order simply means the ordering of new stock to refill the inventory, replenish shelves or when a large order has been m ake etc. The warehouse will be contacted and the delivery will be made.client PurchaseA Customer Purchase simply means that the customer will buy what they want or what they need in the company.