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- Submitted by: aldie22
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- Date Submitted: 10/11/2014 07:30 PM
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Chapter 1
THE PROBLEM AND ITS BACKGROUND
________________________________________
Background of the Study
Effective inventory management is an important part of a manager’s job. Managers are tasked to make consistent, reliable, and timely decisions under the challenges of uncertainty, pressure, and lack of information. It is often that managers do not have enough time or information to make a perfect decision but they are forced to solve problems using resources within their control.
Effective inventory control requires managers to ensure inventories of the right items in the correct quantities. When an organization overstocks, money is wasted since procuring, storing, and accounting for unneeded items require time, space, and money which could have been used on more critical assets. Likewise, when understocking occurs the organization will more likely to only partly meet their mission or possibly not meet the mission at all. Also, a weak inventory control system is more prone to errors and fraud.
Objectives of the Study
The following statements are the current problems in the PC Works.
General Objective
The current manual system gives a slower, Inaccurate and unreliable data
-Problem arises on Pc works since they’re using manual on all of their transaction resulting to slow service
Specific Objectives
To provide inventory system for PC Works.
Lessen the work and provide the staff involved in the field of work with newer tactics in storing the information safety.
To lessen or eliminate the time consumed by manual transaction
To provide information of suppliers in time of need
Significance of the Study
-The following will be the beneficiaries of the proposed System
Owner
-The proposed system will help their company improved their inventory system that will provide accurately reports and faster transaction.
Scope and limitation
Maintenance. The maintenance menu of this system will let the...
THE PROBLEM AND ITS BACKGROUND
________________________________________
Background of the Study
Effective inventory management is an important part of a manager’s job. Managers are tasked to make consistent, reliable, and timely decisions under the challenges of uncertainty, pressure, and lack of information. It is often that managers do not have enough time or information to make a perfect decision but they are forced to solve problems using resources within their control.
Effective inventory control requires managers to ensure inventories of the right items in the correct quantities. When an organization overstocks, money is wasted since procuring, storing, and accounting for unneeded items require time, space, and money which could have been used on more critical assets. Likewise, when understocking occurs the organization will more likely to only partly meet their mission or possibly not meet the mission at all. Also, a weak inventory control system is more prone to errors and fraud.
Objectives of the Study
The following statements are the current problems in the PC Works.
General Objective
The current manual system gives a slower, Inaccurate and unreliable data
-Problem arises on Pc works since they’re using manual on all of their transaction resulting to slow service
Specific Objectives
To provide inventory system for PC Works.
Lessen the work and provide the staff involved in the field of work with newer tactics in storing the information safety.
To lessen or eliminate the time consumed by manual transaction
To provide information of suppliers in time of need
Significance of the Study
-The following will be the beneficiaries of the proposed System
Owner
-The proposed system will help their company improved their inventory system that will provide accurately reports and faster transaction.
Scope and limitation
Maintenance. The maintenance menu of this system will let the...