Sales and Inventory System

Inventory System Introduction

Many companies are using inventory systems for their success and growth. Inventory systems have a variety of functions purposes in businesses.   Promoting the sales and shrinkage control are two main functions of inventory system. Promoting the sales function deals with availability of sufficient products for the customers where as shrink age control function deals with monitoring the occurrence of damage loss, or theft, etc. of the products. Another very important function of inventory control systems is asset valuation; that establishing the value of the products on the shelf for tax purposes at the end of the tax year. According to the Small Business Administration, all inventory systems strive to strike a balance between managing costs and the business advantages of a broad selection of goods to offer to customers. All inventory systems, regardless of technology, require some element of visual inventory management.

Point of sales (POS) is a software application for retail sales management.

Scope

The proposed study is about the development of Sales and Inventory System of Acebedo Optical. The study is only limited for__________. The proposed system has the capability to track, monitor and gives an alert if a specific product reaches the minimum allowance stock amount. A search index is also added for the users to easily track items from the warehouse that needs to be replenish which include the product location, availability, description and price of the item. Login account for different users will be created for database security purpose. The users that can access the system are the Operation Manager, Accounting Manager, Store Manager, Logistic Manager and the Accounting clerk. The system will have a database that includes adding of new product like _____, ____, ____, ______,_____,______, ______,_______and______, modifying and deleting existing product and suppliers. The system will compute for mark-up prices. The...