Inventory System Essay

671 words - 3 pages

Inventory System of Conching Food Industries
(Timog, Manila)

Group name: Babes Company

Leader: Avegail A. Ferasol
Rosemarie S. Francisco
Mary Joy A. Curaza
Elaine P. Madrigal

Chapter 1

In today’s modern age where computer becomes a way of life, it is very useful to the process of the inventory system in different companies. All business rely on inventory system because it tells what will be the profit of each product when they produce, when you need to order, and what product will be the best selling and having a highest profit. The main purpose of inventory system in each company is to make the process simpler and easier to manage their goods and products. ...view middle of the document...

Computerized inventory system save time for businesses by speeding up transaction while raising accuracy. This will help among employees as it is easy to verify how much money and what time transaction took place.

The company Conching Food Industry has a warehouse in Timog, Manila which manage by one person. Managing whole transaction is a difficult job to do especially if you’re alone. The manager is one who accepts the deliveries from the suppliers, list the products delivered, arrange the product of shelves and many more. So it is possible that the manager will get confused especially when they system are shutting down and make the deliveries being delay.

Through this proposal, the proponents may be able to make a corresponding program that will answer the problem identified. Inventory can easily be monitored and recorded; inventory shortage can be prevented and high cost due to labor.

Conching Food Industries Warehouse
(Timog, Manila)

Evidence of Proof and Evidence of the Interview

Products of...

Other Essays Like Inventory System

Inventory System Essay

1947 words - 8 pages (2012) the online medium offers a big platform to promote your business as compared to other medium available. Your products and services will reach to a large number of potential buyers only if you choose the right marketing medium for your business.             Today online reservation system is even accessible to consumers through Internet Gateways and it allows the users to book hotel rooms, rent cars as well as book online airline tickets

Sales and Inventory System Essay

1727 words - 7 pages MAIN PAGE: ADD RECORD FORM with VALUE RESULT: SOURCE CODE insert.php <html> <body> <form action=2.php method=post> s id: <input type="text" name="sid"> <br> name: <input type="text" name="pangalan"> <br> c code: <input type="text" name="ccode"> <br> year: <input type="text" name="year"> <br> subject id: <input type="text" name="subj_id"> <br&gt

Operation Research

1303 words - 6 pages 11-8 Inventory Management Objective of Inventory Control • • • • • To achieve satisfactory levels of customer service while keeping inventory costs within reasonable bounds • • Level of customer service Costs of ordering and carrying inventory 11-9 Inventory Management Effective Inventory Management • • • • 11-10 Inventory Management Inventory Counting Systems A system to keep track of inventory A reliable

Forcasting with Indices

1838 words - 8 pages business, is needed to ensure that business has the right goods on hand to avoid product shortage and meet the consumer’s needs” (Counselors to America’s Small Business, p. 1). To ensure proper business practice an evaluation of inventory systems is necessary to ensure businesses can be cost-efficient, profitable, and provide for consumers’ needs. Top and Bottom System The top and bottom inventory system seems simple at first glance. “In this

Inventory Proposal

2546 words - 11 pages matched and a company could make poor business decisions. The two most widely used inventory accounting systems are the periodic and the perpetual. * Perpetual: The perpetual inventory system requires accounting records to show the amount of inventory on hand at all times. It maintains a separate account in the subsidiary ledger for each good in stock, and the account is updated each time a quantity is added or taken out. The perpetual system


2378 words - 10 pages  generation and subsequent earnings for the company's shareholders/owners. Inventory management forecasts and strategies, such as a just-in-time inventory system, can help minimize inventory costs because goods are created or received as inventory only when needed. Inventory management Inventory management is primarily about specifying the shape and percentage of stocked goods. It is required at different locations within a facility or within many

Bath & Body Works Inc, Inventory Proposal for Qu

1282 words - 6 pages . The inventory discussed below is that of a Bath and Body Works Flagship store. At this store there are two franchises occupying the same space respectively, Bath and Body Works and White Barn Candle Company. Currently this store uses the perpetual inventory system with the aid of point-of-sale registers (POS) using universal product codes (UPCs). This system currently keeps track of all removals from inventory on a continuous basis which

Data Table Analysis

671 words - 3 pages items. Under each item you can see which location and GL code purchased inventory and at what cost. This will be helpful in tracking each inventory item by location and GL code. The summary line items can also be filtered by just the certain locations/summary line item. The pivot table is also beneficial when looking at cost and information regarding the specific inventory item. Kudler Fine Foods has a very valuable inventory system at this time

Service Request Sr-Rm-004, Part 2

1215 words - 5 pages system and Vendor Managed Inventory (VMI) system is recommended. This system will provide full automation of inventory tracking from the receipt of raw materials to the shipment of finished products. This will reduce human error, accelerate the movement of inventory, and reduce stock-out. In addition, it will solve Riordan’s supply chain problem by implementing a shorter and more efficient supply chain process. Riordan Manufacturing’s

Industrial Problem Analysis

1673 words - 7 pages called KARDEX. KARDEX is a machine that could be mounted inside a wall and that could store and retrieve material in its trays. The model of KARDEX used in the SMD Inventory uses a robot arm to fetch the tray required, and the model of KARDEX used in SMD WIP Inventory uses a chain system to retrieve the tray required. When a work order is opened for the parts produced on SMD Machine, the work order form is first sent to SMD

Inventory Mgmt

881 words - 4 pages . It becomes a bigger hassle when it comes time to check inventory because we have to look throughout massive paperwork to ensure that the quantities are properly notated. I would put in a systems request, a formal ways of asking for IT support (Rosenblatt, 2012, p. 59). The system request might propose enhancements for an existing system, the correction of problems, the replacement of an older system, or development of an entirely new

Related Papers

Inventory System Essay

1055 words - 5 pages sometimes their inventory is not that accurate. To assist them in their business, and to make their job in keeping the right tracks of their supplies, this system will help them in making their inventory system computerized and more reliable than the manual storing. We will also include in the system a monitoring of the supplies by having a critical level, and an SMS notifications for the exchange of deliveries between the suppliers and the

Chapter 2 Inventory System Essay

1261 words - 6 pages Chapter 2 REVIEW OF THE RELATED LITERATURE AND STUDIES This represents the review about the related reviews including literature and studies underlying theoretical and conceptual framework of our study. This also includes the generalization and synthesis made after review of the related. Foreign Literature The University of Alberta stated Facility Inventory System has the responsibility to ensure that all new equipment acquisitions

Sad Inventory System Essay

1756 words - 8 pages basis. These may range from marketing, product development, monitoring of cash flows, promotion, beginning and ending inventory to clerical work. All these require manpower which may mean a slash on the cash budget and the possible outpour of workload. The proponents have come up with a proposed study to develop their existing manual system through computerization, design, create a link database system in their inventory functions to easily

Pos And Inventory System Essay

2888 words - 12 pages POS AND AUTOMATED INVENTORY SYSTEM A Thesis Presented To the Faculty of Computer Science Montessori Professional College Imus Branch In Partial Fulfilment of the Requirements in METHODS OF RESEARCH SUBMITTED BY: GRANADA, JONA HENRIKA VIERNES, VINCENT ARVIE LIBOON, ROVIA MACADAGDAG, DANNA FLOR SALES, MARK DANIEL CHAPTER I: THE PROBLEM AND ITS BACKGROUND 1.1 INTRODUCTION A Log Book of Sales and Offtake