Inventory System

Mindanao University of Science and Technology

Jasaan Campus, Jasaan Misamis Oriental

GREATER RJ APPLIANCES AND TRADING CORPORATION INVENTORY MANAGEMENT SYSTEM AND

AGENT PERFORMANCE MONITORING

Submitted by

Anajanette Tabamo

Ernie Jun Valledor

Johnrel Valledor

CHAPTER ONE

INTRODUCTION

1.1 Background and Rationale

Greater RJ Appliances and Trading Corporation is a business, working with different kinds of products. They sell different kind of product such as home appliances and furniture’s. It is located in Barangay 26 Claro M. Recto Avenue, Cagayan de Oro City. This company also sells products on installment basis and has an agent to market their product. 

In the Company, there is no system on managing their inventory. From time to time they check and generate reports. They use Microsoft excel as their storing of records and to publish monthly report. Every time they order product from the main branch in Davao, the stock clerk has to check first the specific items and its corresponding numbers for recording purposes, before it will be stored in the warehouse. Order slip with specific information of products, also the number of items to be released should be given to the stock clerk before it released. Every month the manager will evaluate each agent performance if this agent had sold many products or not. If an agent got the highest sales for the month, this agent will be given bonuses and commission of the sold products by the company. But if this agent sold few products, the manager will give some advices to encourage the buyers to buy the product they are selling. The evaluation will be done after the agents submit reports to the manager. Every Month the stock clerk will count how many products are left and submit reports to the manager, the manager will give reports also to the Owner of the company. The Owner of the company is responsible for purchasing the product, after the manager sends report. The customer will buy product introduce by...