Sales and Inventory System for New Nemar Motorcyle Essay Sample
- Word count: 1543
- Category: Computers
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Computerization, commonly referred to as digitalization, refers to the shift to a society where computers are ubiquitous; to carry out, control, or conduct by means of a computer. When we talk about computerization we are speaking of the growth of computer technology that controls most of the items we use in our daily lives. Everywhere we turn we see an electronic item run by computers. Basically, computers make life easier for people. In most any task that a person must perform, there is something computerized to help perform the task. The uses of computers can range from hundreds to billions of things. Not only of things is useful for the word processing programs to do homework, it can be used to hold an unimaginable amount of data. It can also regulate commerce, and even communicate to numerous amounts of people halfway around the world in a matter of seconds, only for the price of one phone call. This technology has been so far advanced that every large corporation is using it. Computers are an inexpensive investment for the convenience of the opportunities that it can give the investor. These tools allow as looking for jobs online, learning various things, do researching, going shopping or even by stocks. Besides the large computers, new technology has made PDA as possible.
Palm pilots are one of the hottest items out there. Not only can use it as an organizer, you can also use to send email, download books to read, save a hundred of one recipes for cocktails, you can even play games. Many business people own one for the convenience of having a miniature computer in their pocket. Ever since computers were released to the public for private, non-military use, people have been thinking of ways to use them for profit. One industry that has seen a huge impact of computerization is the retail sales industry. These are the commercial businesses that are closed to the customer, distributing finished products directly off the shelves and into the customer’s home. Technology results computerization which has been a common part of our every day needs in this world. Rapid advances in technology have helped to meet these demands of society. Computerization has been somehow revolutionized the modern world which ushered what we called the “Information Age”, where knowledge has become accessible and available to everyone. The retail sales report captures in-store sales as well as catalogue and other out-of-store sales. The report also breaks down sales figures into groups such as food and beverages, clothing, and autos.
The results are often presented two ways: with and without auto sales being counted, because their high sticker price can add extra volatility to the data. Retail sales figures are vital to stock investors as a whole, and especially to those who invest in retail companies directly. They are also are a big component of total gross domestic product (GDP) in the United States, so any extended drop-offs in retail spending can trigger a recession by lowering tax receipts and forcing companies to reduce head counts. As far as broad economic indicators go, the retail sales report is one of the most timely, providing data that is only a few weeks old. Individual retail companies often give their own sales figures around the same time per month, and their stocks can be very volatile around this time as investors process the data. Retail sales are an important economic indicator because consumer spending drives much of our economy. Think of all of the people and companies involved in producing, distributing, and selling the goods you use on a daily basis like food, clothes, fuel, and so on. The Sales and Inventory System is used at the company for planning and investigation of their customers through the credit application form and credit investigation report given to them and in doing the company’s sales reports and inventory process.
B. Background of the Study
New Nemar Development Corporation is a family owned business founded by Mr. Rufino M. Mojares in 1992. It has a capitalization of P4.8 M which is now fully subscribed. Its original purpose was to manufacture and market passenger and owner type jeepneys and at the same time it offered its own financing facility to interested customers. This went on for a couple of years as the jeepney market seemed so huge. This didn’t go long enough and when orders for a new jeepney unit started to dwindle, Mr. Mojares went into trading of used cars. At the same time he also undertook the reconditioning of light trucks and even ten wheeler dump trucks. These activities were all somehow connected to the transportation business. But things didn’t seem to work out as well as expected. From talks with local businessman and friends from the financing companies and from his own experience, Mr. Mojares realized that the jeepney business was on its way down. The trucking was too prone to pilferage, and abuse and the used cars business did not present a Return on Investment commensurate to the resource it used. That is when Mr. Mojares decided to phase out jeepney manufacturing, trucking, used cars and related activities and venture into the motorcycle business.
C. Statement of the Problem
This study will found out the following problems:
1. Securities for their records.
2. Time consuming for recording of customer’s information and their payment because of their manual recording process. 3. Difficulties in finding/searching the record of every customer. 4. More employees are involved for the recording.
5. More employees, more budget of company for them.
D. Objectives of the Study
The objectives of the study entitled “New Nemar Sales and Inventory System” are the following:
1. Provide a log-in form for the system security.
2. Replace the manual process with computerized process.
3. Provide searchable and detailed information about their customers and products.
4. To have only one employee involve in recording.
5. To lessen the budget of company for the employee.
E. Significance of the Study
The Sales and Inventory System is needed to easily manage New Nemar Motorcycle Company. This will help them in sales and inventory process. It
will help them in the sales and inventory of their products. Instead of manually doing it, the system will replace it by a computer program that will be suitable for the company. The Sales and Inventory System is the way to solve their problems. The main focus of study is to make a system that will enhance the sales and inventory process of New Nemar Motorcycle Company. The system will increase accountability for sales and inventory process. The system to be developed will provide complete and correct information of customers and products of New Nemar Motorcycle Company.
For the customers, the Sales and Inventory System provides easy way of transaction in terms of reports, billing statement and proper storage of information. It can also help the customer to know their accounts paid and balance accounts. The proponents also benefited in this system in able to know something on how Sales and Inventory System manage a business and to know what are the advantages in business if we have this kind of system. For the future researchers, they will get some information on how to build the system. Also to know how the system can help a business, in the way they become profitable. They will also have a guide on how to start the system, not only to guide them, but also to improve this system in the way they want to custo F. Scope and Delimitations
This study focuses on Sales and Inventory System for New Nemar. This system provides you a log-in window for the system security. The purpose of this system is to develop and provide detailed sales and inventory process of their product and sales report. It may add, edit and update list of information about sales. It may also search the customer by their Customer’s ID and billing statement of the customer. The sales and inventory is faster than manual system. This system cannot offer you a sales invoice and packing list, terms of contract and customer subsidiary ledger. The extent of the proposed system only covers the sales and inventory and cannot handle expenses. The system is limited only for New Nemar Motorcycle Company.
G. Definition of Terms
Commerce. The buying and selling of goods especially on a large scale as between cities or nations.
Computerization. To enters process or store (information) in a computer or system of computers.
Digitalization. To administer is in a dosage sufficient to achieve the maximum therapeutic effect without producing toxic symptoms.
Miniature. A copy or model that represents or reproduces something in a greatly reduce size.
Patron. One that support, protects or champions someone or something, such as an institution, event or cause; a sponsor or benefactor.
Revolutionized. To bring about a radical charge in.
Ubiquitous. Being or seeming to be everywhere at the same time; omnipresent.
Accuracy. The quality of being accurate: exactness; precision; correctness.
Volatility. The property of being freely or rapidly diffused in the atmosphere.
Recession. The economic set back in commercial and industrial activity.