This chapter discusses the related literatures and studies which has direct bearing in this study. This contributes a lot to the proponent’s research and established a good starting foundation for the proponents.
Review of Related Literatures and Studies
Computerized sales and inventory systems help manage products and ensure that transactions are completed correctly. These tools track products and provide ongoing inventory controls that reduce shrinkage. Use of these resources makes retail activities much easier and efficient. Using computerized sales and inventory systems allows for much greater accuracy in stocking and product management. They ...view middle of the document...
On purchasing/transaction, the personnel ask the customer of what tour the customer needs. Then, the personnel will check if the desired tour(s) and vehicle is available. The manager will approve the transaction and will have to receive the payment for the transaction and will issue an official receipt.
When a customer transacts with the entity, it will be recorded in the cash sales report. At the end of the day, the manager will calculate all the transactions held according to the record of sales.
The respondent is presently using a manual system in their sales and inventory system, likewise to their other business engagement. Because of this, some problems arise such as complexity in operations due to increasing customers, data are often not secured and can be lost easily, and it has been a burden to the entity since a lot of work and efforts are needed to maintain its business transactions with the customers conveniently.
Korean Red Ginseng Enterprise – Sales and Inventory System
(J. De Leon, M. Ferrer, 2001)
Under the Koread Red Ginseng Enterprise Sales and Inventory System, the researchers came up with a computerized sales and inventory system. The proponents used database to easy access of files and for easier and faster processing of the selling and inventory transaction. The program was designated to generate reports such as monthly reports, inventory reports, sales invoice and list of items.
In connection with the proposed system, the proponents proposed a new and faster way of processing business transactions. The system also helped the user to know the availability of the products. It also helped the manager to monitor the stocks and to get immediate notice for acquisition of additional products.
The Proponents acquires knowledge about the file processing and report generations through this study. It also gives the proponents ideas to create the proposed system’s reports in online sales and inventory system. Automation is mandatory, thus automated report generation for precise reports is to be included in the proponent’s proposed system.
Online Sales and Inventory Management System (SIMS)
This project is aimed at developing an online Sales and Inventory Management System (SIMS) for a departmental store. This system can be used to store the details of the inventory, update the inventory based on the sale details, produce receipts for sales, generate sales and inventory reports periodically etc. This is one integrated system that contains both the user component (used by salesperson, sales manager, inventory managers etc.) and the admin component (used by the administrators for performing admin level functions such as adding new items to the inventory, changing the price of an item etc). This system runs on multiple terminals, offers a GUI to its users and connects to a common database(s).
The proponents acquires knowledge on real time inventory, generation of receipts and...