lOMoARcPSD|30196020 Point of Sale Inventory System Information in Technology (South East Asian Institute of Technology, Inc) Studocu is not sponsored or endorsed by any college or university Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines GALORIO STORE INVENTORY MANAGEMENT SYSTEM (GSIMS) _______________________________________________________ A Project Study Presented to The Faculty of South East Asian Institute of Technology _______________________________________________________ In Partial Fulfillment of the Requirement for the Subject IT 228: System Analysis and Design ______________________________________________________ By: ANGUS, EDZEL REEVE C. ALCOMENDRAS, WENDHEL L. BARRO, JOSEPH V. CADAYONA, CARIL CRIS J. CALIGDONG, EUGENE D. March 2021 Project Proposal Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines Name of Proponents: Angus, Edzel Reeve C. Alcomendras, Wendhel L. Barro, Joseph V. Cadayona, Caril Cris J. Caligdong, Eugene D. 1.0 Proposed Case Study Title (GSIMN) Galorio Store Inventory Management System 2.0 Area of Investigation Palkan Polomolok South Cotabato 3.0 Cited Problems 3.1 A cash register does not provide the option to keep a check on the customer payments and receivables. So, without a billing solution, it needs to keep track of these things manually, which again takes up a lot of the time. 3.2 Manual work and slow cash flow, the bill might be unclear or they might be wrongly billed because they do there service manually. 3.3 Managing inventory with paperwork and manual processes is tedious and not secure. And it doesn’t easily scale across multiple warehouses with lots of stock. Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines 3.4 Some products didn’t sell due to spoilage, damage or theft can be supply chain problems, such as storage and loss not notice by the customers that affect the income of the store. 3.5 Inventory is hard to identify or locate in the warehouse, it leads to incomplete, inaccurate or delayed shipments. Receiving and finding the right stock is vital to efficient storage operations and positive customer experiences. 4.0 Functions of the Proposed System An automated and intuitive billing solution makes things easier in such a situation and to determine the appropriate quantity and type of input products, in-process products, and finished products, thereby simplifying production and sales operations and lowering costs by maintaining them at an optimum level. 5.0 Features of the Proposed System 5.1.1 Generate bill becomes easier and fuss free, since you are no more required to do hand billing. 5.1.2 Keep an eye on the stock, it becomes easier for you to cut down on the shrinkage, thereby improving flow of materials and money. 5.1.3 Create estimates of the products so that the customer is aware of the products that they bought. 5.1.4 In this system the product is organize in the system according to their price, types of product and stock available. 5.1.5 To lessen the use of paper and pen of the cashier. Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines 5.2 Programming Language and Database 5.2.1 Front End: Virtual Studio 2015 5.2.2 Back End: Microsoft SQL Server Management Studio version 2019 6.0 Reason for the Choice Galorio Store Inventory Management System will help the Management of the store to provide the best service to customers by ensuring the availability of their required goods and this necessitates the introduction of an optimized and automated payment mechanism through which they can accurately log and track the amount of hours expended by their workers on employment or activities, efficiently gather cost data, rapidly produce correct invoices, and execute accounting functions. 7.0 Target Users/Beneficiaries. Owner Cashier Customer Researcher Chapter I INTRODUCTION Background of the Study Inventory Management System is a combination of billing system and inventory that will assist the Galorio Store in their sales and inventory, generation Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines of sales report, and printing of receipt. It is a hardware and software-based business solution that use the product price to be calculated automatically by scanning the products. The owner and the cashier can both benefit from this system. It will provide fast and reliable service in keeping the sales and fast updating of changes of product price. Using this system will give much greater accuracy in product selling and management. It will give confidence to the user because it is accurate, secure and efficient, where transaction entry records necessary details on the customer, products buying, price and date while also updating inventory records. An inventory management system (or inventory system) is the process by which you track your goods throughout your entire supply chain, from purchasing to production to end sales. It governs how you approach inventory management for your business. Inventory changes constantly. Throughout each day, sales, returns, new receipts even damage and theft affect your inventory levels. While daunting, effective inventory management and inventory control are the most important jobs in a successful retail or wholesale business. An inventory management system is the combination of technology (hardware and software) and processes and procedures that oversee the monitoring and maintenance of stocked products, whether those products are company assets, raw materials and supplies, or finished products ready to be sent to vendors or end consumers. Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines The Galorio Store was named after the owners, Mr. Leonardo Galorio and her wife Mrs. Dolores Galorio. This public establishment started in the year 1991, selling products. But in the year 2018, they decided to add security in the store because of the recent robbery incident on the store. Galorio Store is situated along the Purok-2 Brgy.Palkan Polomolok, SouthCotabato. Objectives of the Study General Objectives - To develop and Implement the Inventory Management System for Galorio Store. Specific Objectives To lessen the time consumed on every sales and inventory transaction by not using a log book and pen. To provide the store a system that can help them maintaining the quality of the products. To easily track the product that will be located. To establish a system that give a discount to the citezin of palkan that always buy, based on their total amount bought. To create a system that can easily generate the following reports; sales invoice, daily sales, sold products, daily and monthly sales and inventory. Scope and Limitation of the Study Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines Scope of the Study - The proposal aims to establish the better way of making good services to the customers. The system is capable of fastest giving information or about the product, it can monitor the available and unavailable stocks, tracking and notifying the product, giving the total sales at the end of the day and backup the file. It is also capable of printing the records of the product. Limitation of the Study - The proposed system will not cater online transactions because the system is automated and it will use barcode scanner to identify the product. Significance of the Study This IT project intends to provide an accurate and effective Inventory Management System which will benefit the following: The Management Has full access and control to the system, it can contribute such as monitoring of every user activity and review overall daily sales. Cashier Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines The person that will basically use the system who is in-charge of tracking, recording, and selling of the products price for faster transactions. Developers This study will enhance their skills, knowledge, and critical thinking in advance technology by developing a system, that lessen the workload. The Customers The system gives benefits to the customer for good and safe product that they buy. Also, the time being consume if they ask for the information of the product whether it is available or unavailable, if their cashier use the manual process. Future Researchers This study would serve as a guide in the area of Inventory Management System. The project serves as a basis of the study. It helps to improve their knowledge about the benefits of having an automated inventory instead of manual. Also encourage them to made a computerize system. Conceptual Framework Flow of the Study Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines Input Process Create a report transaction. Check the View all report. Calculate discount. product price. Add a new Create sale Provide price. product. Display Product Discount. Display a new add products. Produce sale invoice. Update and store the product price. Add new a Calculation of the sale transaction. accurate total report. Calculate sale invoice. invoice. Produce all sale s and inventory Store a new product. product. Output Produce sale report. Display/Print Product price. Figure 1.0 Inventory Management System Flow of the Study. Definition of Terms Inventory Management – Inventory Management is a systematic approach to sourcing, storing, and selling inventory both raw materials and finished goods. In business terms, inventory management means the right stock, at the right levels, in the right place, at the right time, and at the right cost as well as price Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines Point of Sale (POS) - A Point of Sale (POS) is technically a system in a retail store from which you conduct the sale of physical goods. In a store, a POS is where the checkout happens, orders are processed and bills are paid. Sales - Sales include all those activities which involve the transfer of ownership of goods and services from distributors to the customers. Selling is the process of finding the customers and transferring the goods to them for money. Product - A product is the item offered for sale and A product can be a service or an item. Chapter II RELATED LITERATURE AND STUDIES FOREIGN LITERATURE Title: International Journal of Physical Distribution & Logistics Management Author: Harrington, T.C., Lambert, D.M. and Vance, M.P. Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines Year Published: 1 September 1990 Source: LOCAL LITERATURE Title: Author: Year Published: Source: FOREIGN STUDY Title: Author: Year Published: Source: LOCAL STUDY Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph) lOMoARcPSD|30196020 SOUTH EAST ASIAN INSTITUTE OF TECHNOLOGY COLLEGE OF INFORMATION AND COMMUNICATION TECHNOLOGY Title: National Highway, Crossing Rubber, Tupi, 9505 South Cotabato, Philippines Author: Year Published: Source: Downloaded by Mark Anthony Llorin (mallorin@my.cspc.edu.ph)