Professional Documents
Culture Documents
According to the study of Edwin Bello and his fellow researchers of Computerized Monitoring
and Inventory of Stock with Warning Level dated March 2005, many firms have thousands of
items of inventory which require some form of control. The usage calculations and record
keeping chores would soon become overwhelming were it not for the computer and its unique
information storage and retrieval capabilities. http://www.studymode.com/subjects/related-
studies-in-pos-page2.html (2011, 09). Chapter Ii: Related Literature and Studies of Inventory
System.StudyMode.com. Retrieved 09, 2011, from http://www.studymode.com/essays/Chapter-
Ii-Related-Literature-And-Studies-767850.html
Local Studies
According to the study of Anna Marie Beltran Distor of Proposed Sales Monitoring System
issued 1995, the accelerated work structure of the company proper monitoring is essential in
order to keep track of the company’s sales activities. Her system aims to come up with an
efficient, and accurate mechanized system of preparing invoices that will keep trSack of the daily
transaction and generate reports. Important information will be provided by this study in order to
prove that the computerization of the company’s operation and achieve a more reliable and
efficient means of monitoring day to day activities. Her system focuses on the analysis and
design of the sales monitoring system which will monitor the stacks inventory of the sales
departments. This system of hers is somewhat related to our study but our system focuses more
on the inventory monitoring system of a trading company. Popular author of Accounting, Waldo
T. Passion (1990) in his book stated that, to improve their efficiency and reduce their cost of
operation. Reports are more timely and accurate. Computers have large capacity to store data and
tremendous speed to manipulate and recall data to the format a user wishes to use which the
introduction of microcomputer computation of business is more affordable.
Synthesis
The proponents believe that every literature and every studies stated in this research is similar on
the present study . The proponents relate and differentiate the research based on the flow of their
transaction from the proposed study. The transaction and process and also the design
specialization will easy help to acquire and accommodate and communicate with the user. The
proponents get and use other research in this chapter, in which it helps to them, because they get
knowledge during creating the systems.
This Review of Related Literature and Studies, illustrate the specific and general task of the
Inventory Management System, also the types of Inventory that gives a lot of knowledge for
everyone before entering into business and using Inventory. In this chapter the proponents put a
different opinion of others interms of Inventory, the Literatures and studies should get on the
Book articles on the internet.
Inventory Management system, tackled how you manage your inventory whether manual or
computerized, both of that having advantages and disadvantages for the business, this chapter
gives an idea also for the reader to review what’s use of Inventory to the business.