Inventory Introduction Essay

An Undergraduate Thesis Manuscript submitted to the faculty of the Department of Communication Studies of Cavite City Campus, Cavite State University, in partial fulfillment of the requirement for ITEC200A- Undergraduate Thesis Part 1 for the degree of Bachelor of Science in Information Technology. Contribution no.___ Prepared under supervision of Mr. Norman Duarte. INTRODUCTION Nowadays, there are major changes that happened in our everyday lives. Since most of the changes are caused by the advances in technology, it is necessary for us, people to be familiar with the technological developments encountered today. Changes are inevitable and one should be able to go with the flow to stay in the business. Technology made a large contribution in the improvement of our life. Many businesses are engaging with the use of advance technology in order to become competitive. Through the use of modern technology, the work of an individual becomes easier and more accurate. The business world is fast changing that is imperative to stay ahead of the competition and empower your people with the tools and advancement that is available. The proponents noticed that the company named Homemart Builder’s Center Inc. is using the manual way for inventory of their items. Inventory system is one of the hardest and most important task in business or school transactions. Everything should be clearly and correctly stated based on the record of the company. This company which is located at Talaba IV Bacoor, Cavite started since the year of 1995. It takes time for them to search some files for the sales report because they have to do it manually. They find it hard also to retrieve those files stored in their file cabinets which they might lost because of certain chaos. See more: how to write an introduction paragraph for an essay Statement of the Problem This study seeks to create a system that would be used by businesses with regards to faster inventory transactions. This study tried to answer the following questions: 1. How to make an inventory transaction faster and more sufficient? 2. How they monitor the business performance? 3. How to make inventory of items much easier through the use of computerized inventory system? The system would help the staff of the company in terms of inventorying for much faster and efficient. It would be both beneficial to the owner especially for the buyer. To the owner, there will be a quick flow of business transactions. Significance of the Study The owners could easily check the increasing and decreasing items. The performance of the Company can also monitor through its sales report anytime needed. In addition, the program would help the owner with regards to their inventory since the monitoring stocks would be easier. Objectives of the Study Generally, the study aims to develop a system for Homemart Builder’s Center Inc. Specifically it aims to: 1. Create a Computerized Inventory System for the owner and employees of the company; 2. Make it easy monitoring the transaction and information of items. 3. Aimed to develop a Computerized Inventory System to increase a speed of service in terms of inventorying the items. 4. Monitor the performance of the company and also help the owner of the company on inventory of items in an easy and fastest way. Scope and Limitation The system was created only for the business of Homemart Builder’s Center Inc. The items will be inputted to the program through Item number. Price and quantity should also be inputted manually .It can update, delete and search information about the items. Have security featured specially to the owner’s file. The program will not include for other company’s use. The software can’t work without computer and electricity. It may not be applicable on items that do not have an Item Number or code. On the other hand, the items that do not have code will be manually inputted. Time and Place of the Study The study was conducted at Cavite State University Cavite City Campus from November 2012 to March 2013. Definition of Terms Inventory – It is the amount or value of a firm’s current assets that consist of raw materials, work in progress and finished goods; stock. System – a group or combination of interrelated, interdependent, or interacting elements forming collective entity; a methodical or coordinated assemblage of parts, facts, concept etc. Human Resource – the workface of an organization. Database – a systematized collection of data that can be accessed immediately and manipulated by a data- processing system for a specific purpose. Hardware – It is a business that has metal tools, implements etc.esp cutlery or cooking utensils.