Sales and inventory documentation Essay

Background of the survey

Computers have become a demand in the concern industry it easy completes responsibilities that are boring and timely enemy worlds. The concern utilizations of computing machine are extended. Although many of the computing machine responsibilities are non unreplaceable. concern has become dependent on their truth and seasonableness. Many concerns use accounting package to guarantee the truth of their fiscal position. It is usage for maintaining paths of histories. money. or points that they need. It plays a important function in gross revenues control. processing and managing orders. design and production of goods. fabrication. merchandise and market analysis. and in some instances complete control of operations. The supplies in every concern are really of import for it to maximise the net income of a man of affairs. To gain a maximize gross. a proper direction is needed. Some concern tends to neglect because of hapless stock list direction.

A greater discrepancy of the loss stocks is one of the chief issue that made the concern encountered several jobs. Stock loss is encountered with many grounds. Stockss can besides happen when merchandises are rendered unavailable for sale by going out of day of the month. damaged. or spoiled ( “Information inaccuracy in stock list systems stock loss and stock out” . 2006 ) The cause of running out merchandise may hold an inaccurate perceptual experience. Merchandises in stock list may be unfit for sale because of harm. To back up this. a marketer may non hold the capableness to accurately track stock list in their shops or distribution centres ( Dolley. 2006 ) A Point of Sale ( POS ) system is a system for pull offing the gross revenues of retail goods. It improves the stock list direction of a merchandise. Point of gross revenues package add up the gross revenues entire figures the province gross revenues revenue enhancement. cipher back from the sum to debit the sum of stock list sold ( Wilson. 2006 ) Point of Gross saless systems has changed the sale of retail.

Now a little or big concern can easy maintain path of what merchandises clients buy. A concern can maintain informations of all purchases and compare the information from a twelvemonth earlier or other shops that they own within or outside of a part ( Weber. 2006 ) . Point of Sale systems offer a broad choice of characteristics to better the control of the concern and salvage clip spent on stock list. buying and accounting. The term used to mention to the package and hardware associate with the check-out procedure stands. and all of the handled characteristics with attention included. The cardinal demands that help to achieve a modern point of sale system include high and consistent operation velocity. dependability. easiness of usage. distant supportability. low cost and rich functionality ( Kaplan. 2010 ) . A POS terminus can be used to track a figure of operations in utile ways and custom-make it as the demands alteration over clip. It can be networked to other terminuss. and to a waiter at the another location.

Lower costs of operation. improved gross revenues and higher client satisfaction will assist do your concern success ( Jonsen. 2011 ) Most basic POS system consists of a hard currency drawer. reception pressman. proctor and an input device. Employees can utilize computing machine unit. programmable keyboards. scanners or hand-held terminus to come in informations into a POS System. Harmonizing to Wilson ( 2006 ) defines POS system as a mean of entering and using assorted sorts of information at the clip a merchandise is sold in a store. Information such as merchandise name. monetary value. quality. and clip are entering. and the accrued consequences are utilised for stock list direction and selling.

Like any other concern that runing manual type of point of gross revenues direction. the Torio Home Pharmacy frequently times experience inconsistent stock list counts and wrong gross revenues figures. Furthermore. the manual system is clip and consuming. This state of affairs makes them experience the demand of computerized system in order to function a big graduated table of client and client. With the undertaking survey. the developers aim to assist Torio Home Pharmacy to efficiently track down its point of gross revenues and stock list.

For little concerns proper point of sale direction is still applicable because of the advantages it provides the direction. No affair what size of the company. it needs to accurately track the point of gross revenues to maximise the profitableness if the concern. Point of Gross saless system hence makes the direction of stocks much easier and more organized. It improves the net incomes by accurately placing the flow of stocks.

Statement of the Problem

1. What are the bing procedures in Point of Sale and Inventory System of the Company? 2. What are the hardware and package demand needed in the development of the system? 3. What are the characteristics of the System?

Statement of Aims

The developers aim to plan and develop a Gross saless and Inventory System for Torio Home Pharmacy. Specifically. it sought to accomplish the undermentioned aims: 1. Identify the bing procedures in the Point of Sale and Inventory of the Company ; 2. Determine the hardware and package demand of the system ; 3. Determine the characteristics of the system ;

4. Test the acceptableness of the system.
Significance of the survey

Torio Home Pharmacy Gross saless and Inventory System offer a better and alternative on how to pull off the stock list and gross revenues in more effectual and efficient ways. The donees of this survey are the undermentioned. Torio Home Pharmacy. With the usage of this system. Company will hold accurate. dependable and faster manner of bring forthing gross revenues and stock list studies every bit good as monitoring of gross revenues and stock list minutess. The studies to be generated by the system will be the footing of good determination devising that will better their service to the client. Cashier. It will ease the work of the teller because the system automatically calculates the gross revenues.

The readying of studies will go fast. accurate and more efficient. It will besides better the customer-relationship because of the fast service. Customers. The system will besides profit the clients by holding a faster and more dependable manner of transacting with the company. With this system the clients save clip in buying merchandises. Developers. The developers will derive cognition. accomplishments and experience on how to work as an IT professional. This will besides function as a preparation land that will fix them in confronting the challenges in the existent universe. Future Developers. This may function for the hereafter developers as their mention or guidelines if they tend to developed similar surveies. And they could heighten the system by adding new characteristics and alterations.

Scope and Restriction

The proposed system is capable of supplying stock list studies and gross revenues study. The developer aims to develop two faculties for the system. these are the director or decision maker faculty and the teller faculty. In the Manager faculty. the director can see. edit and delete user history every bit good as provider histories. position stock list every bit good as studies such as the stock in and stock out and the list of providers that can supply the stocks needed. The director can besides see stock that needs to be purchased every bit good as the position of each purchase order.

In the Cashier faculty. the teller can add. edit information of stocks being delivered by the provider. The said faculty enable the coevals of information on the position of stocks. the stocks delivered and from whom it was purchased. the bad orders. the stocks needed to be purchased and the providers that can supply the stocks. Cashier is non allowed to cancel supplier’s information. Sale dealing reception coevals and purchase order is besides included as one of the characteristics of the system. The restriction of the survey include non compatible with touch screen shows. payments – do non accept recognition cards/ check.

Conceptual Model

The developers focused on the design. development. and deployment of Point of Sale and Inventory System of Torio Home Pharmacy. The construct of this survey is an Input -Process-Output ( IPO ) model. The developers used the Waterfall Model as the package development theoretical account for the developed Gross saless and Inventory of the company. The following are the identified input need in developing the system. ( 1 ) Determine the bing point of sale system in footings of stock and gross revenues. ( 2 ) place the hardware and package specifications for the system. ( 3 ) find the characteristics of the system and ( 4 ) the acceptableness of the system.

After placing and garnering the input. a method will be conducted produce the end product. The method is called Waterfall Model. The different stages of this method include user demands specification. functional specification. design specification. codification. unit proving. system proving. and operational testing. The end product of the survey is Torio Home Pharmacy Point of Sale and Inventory System. Figure 1 shows the paradigm of the survey.