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Example of scope and limitations of computer inventory system

Scope & Limitations in Inventory Systems

Hire Writer The Purpose of the Computerized Inventory and Purchasing System is to help a company in managing, monitoring and maintaining their Inventory as well as generating necessary reports and keeping important data safe. The researchers of this study will develop a new purchasing and inventory system for the business using Visual Basic.

With this system, the evaluation of inventory and management of purchasing operations will become more organized, and thus easier. In this manner, wrong inputs will be avoided, and the checking and organizing of items will be more accurate. Availability of their products is less supervised by the owner that consumes a lot of time by checking each item manually. Human errors in writing reports, miscount of products and tallying of inventory is time-consuming and tiresome due to the nonexistence of record books or computerized system.

  1. Limitation one - cost The technology and software required by an inventory system can be expensive to purchase, install and use.
  2. If the system is not well organized and stable, the business may not be able to meet the target profit in a given period of time. From item entry, releasing of items, inventory adjustment, transferring of goods from one warehouse to another and production, sure you can keep track of your inventory.
  3. For example, automating the ordering process for customers and the production scheduling, then adjusting manufacturing based on up-to-date inventory levels, makes a company more flexible, capable of deciding how to best satisfy customer orders.

Purchasing Reports and Documents are also unavailable, hence purchasing processes takes too long and it may affect the overall productivity of the business. Manual process of evaluating, inventory, and managing the purchasing operations by the owner leads to inaccurate entries of data.

The lack of proper record keeping also causes the lost of relevant data.

Purchasing and inventory system Essay

In and out of product is less supervised, Time-consume and tiresome tallying of inventory records, Purchasing processes takes too long, by manually writing each item, Inaccurate entries of data due to manual process of evaluating, inventory, and managing the purchasing operation and Loss of relevant data due to the nonexistence of record books or computerized system. To develop a system that will help the purchasing clerk to monitor the products in the stock room, To generate a system that will helpto lessen the burden of the store owner in tallying inventory items, To create a system that can help the owner to have faster way of ordering products, To create a computerized system that will help the owner to create evaluation inventory and manage purchasing operation.

To develop a system that will automatically keep all the transaction record by updating and putting security measure such as password and backing up of files.

  • But because of the technology that are ruin our life most of the company succeed and following the flow of the industry;
  • Together, inventory values and level changes allow the company to plan for future inventory needs;
  • For example, the inventory system could be installed on the tills at a supermarket to keep a record of every product scanned and sold - as a result, the supermarket would be able to see which products are selling well, which products are not selling well, and whether or not they need to buy further stock;
  • For the proponents The proposed study was the great experience for the proponents.

If the system is not well organized and stable, the business may not be able to meet the target profit in a given period of time. This study will be beneficial to the following: The company, interviewed by the researchers, will be able to monitor the status of materials needed to be purchase on a given period of time. Data inputs will produce an efficient output to be used as basis for making decisions.

The owner can easily generate an automated approval report and can monitor the stock with ease and efficiency.

  • With the Omigo Superstore, the tracking of sales, controlling of inventory, recording of products, calculating of numerical data and searching, sorting and filtering of item will translated into an automated process which considers speed accuracy, orderliness and maintainability of the system;
  • How the proposed sales and inventory monitoring system provides the previous monitoring of sales and inventory?
  • It is interactively designed to possibly do the common tasks done in customary way;
  • How to cite this page Choose cite format:

Future Researchers can utilize the results of the study as basis or reference when conducting their own research about Inventory and Purchasing System. The proposed system will have three 3 level accesses, one for the owner, one for the manager, and for the Stockman. The owner can view the status and movement of the stocks in this module.

  • Because of these, we propose a system of sales and inventory monitoring;
  • With this system, the evaluation of inventory and management of purchasing operations will become more organized, and thus easier;
  • The researchers of this study will develop a new purchasing and inventory system for the business using Visual Basic;
  • This system can be used to store the details of the inventory, update the inventory based on the sale details, produce receipts for sales, generate sales and inventory reports periodically etc.

The owner can also add, edit or deactivate items using this module. The User Account Module: In this module you can add, edit, search and read data that is recorded The Administrative Module: The Purchasing Clerk will have the access on the following modules: The Stockman can only access the following modules: In this module the stockman can only see the Inventory reports.

There will be three 3 workstations in the proposed system — for the Purchasing Clerk, the Owner and the stock room.

What Are The Limitations Of Inventory System?

The workstations will be networked through UTP cables and a switch. Limitation The proposed system will concentrate mainly in solving the problems that the company experiences concerning their Purchasing and Inventory System. Some limitations that the proposed system might encounter are the following: Power interruption due to power failure, Exclusion of auditing and transaction of sales, and The network is not connected to the Internet.

Our Proposed System will not run in other Operating system environment besides Windows.