Illut, Magnolia L.
BSIT – 4B
LOCAL RELATED LITERATURE
According According to S. Angeles Angeles (2016), (2016), Shop Shop Keep Keep is the best best pick of POS for retailers retailers because it is a cloud based service applications. Services Ser vices or resources made available to users on demand via internet from a cloud computing provider’s servers. This POS
system for retailers comes with a ton of useful features. Offers plenty of tools to help the retailers to save time and boost sales, spend time growing the business and less time worrying back-end processes. Therefore, this system help the retailers to easily manage inventories, gather information, boost sales, manage employees and reports can be generated straight from the point of sale system. FOREIGN RELATED LITERATURE
According According to to A. A. Bianca Bianca (2012), Sales and Inventory Monitoring System can can help the company to make strategic business decision. This system collects company’s data to control the stocks and determines the level of production according to the demand. This system gives the company a competitive advantage by linking different automated processes and can exploit these linkages. Therefore, Sales and inventory monitoring system will help the management to make a rapid decision regarding with the stocks, production scheduling, material purchases, pricing, logistics and other decisions to increase revenues and meet the customer’s demand.
LOCAL RELATED STUDY
According to R. Maliwat and M. Beronio (2013) , the existing Sales and Inventory System for Standard Hollow Blocks consumes a lot of time and effort in making transaction and retrieving records since it is done manually. A proposed Computerized Inventory System is more efficient, accurate, convenient, secure and reliable than the manual system. The information or records about the product and sales can be easily monitored and accessed. It can maximize not only the user’s productivity but also the company’s business capabilities. Therefore, Computerized Inventory System can
improve the transaction process of a company and it can resolve errors that are occurring on the existing system. FOREIGN RELATED STUDY
According to O. Abisoye, F. Boboye and B. Abisoye (2013) inventory is often the largest priced asset of a business. Keeping the inventory also means keeping a tab on the realizable value, market value of all the stocks, production and finished stock. Manual system of inventory management system will leads to human errors during counting and recording and in case of disaster like fire or flood or poor communication, the inventory records will be damaged and irretrievable. Therefore, this research has designed a Computerized Inventory Management System to ascertain stock level, when to order for more products, updates of transactions and goods were supplied to implement the possible solutions.
REFERENCE
Shop Keep Review: Best POS System for Retail Stores Source: http://www.businessnewsdaily.com/8069-best-pos-system-retail.html
Sales & Inventory Monitoring Systems
Source : http://smallbusiness.chron.com/sales-inventory-monitoring-systems18660.html
A Proposed Sales and Inventory System for Standard Hollow Blocks
Source : The Hub (2013) GPD M810.5 N88h Reg.3
Design of a Computerized Inventory Management System for Supermarkets
Source : https://www.ijsr.net/archive/v2i9/MTIwMTMzNg==.pdf
