II.

Brief Description of the Software

The software uses Perpetual inventory management system that monitor and provides maintenance of
the stocked products. It records the real time transactions of received and sold stocks by continually
recording sales, returns, and discounts and make necessary adjustments as more information have been
added. It provides information about the stock quantity and availability that would ensure that
stockouts wouldn’t be happen. The software records each changes in stock from each transactions that
occurs including addition and subtraction of the stocks. As soon as an item is sold, the software would
automatically update the inventory that would accurately reflect inventory levels in the warehouse in a
real time.

The software makes perpetual inventory simpler than ever before. As all the stocks from sales and
orders will go straight to the software where the quantity and price is accurate. After the order arrive
during replenishing of stocks the inventory will be also updated immediately. As it uses perpetual
inventory system which records immediately the changes in inventory. There are only specific users that
has been given an access to the software. The admin, the bookkeeper and the accountant Each users
have distinct responsibilities and extent to which they can access specific information and make
adjustments to the software.

This inventory management software is designed to track everything in a centralized location. It has an
excellent reporting tools that will help each user to view the sales and stock levels and would generate
reports. The system also keeps and save history of inventory so that it would be easy to review and
reconcile past inventory reports. The software provides a more transparent workflow and ensures all of
the stocks are effectively managed. It is also easy to use, easy to input transactions and make
adjustments of it.