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Inventory is one of the most important in monitoring a stock that take place in business activity. The inventory system does the entire task in computing the value with inventory (cost and quality) and handling data or information. Inventory System maintains an orderly flow of supplies, raw materials, or finished goods through an office shop/factory because of items in any inventory. Represents cost, they need to be controlled. The purpose of inventory system for management are to keep inventory levels and cost at desire minimums while maintaining to proper safeguards over materials to places and people who need them. Source: (Warren R. Planret, 2002)
Theoretical FrameworkAccessUSerComputes valueHandles dataInformationComputeMonitoring stocksMonitorName ng system
Information: This will provide context for the data. The (name ng system)will help to handle the data. The system works as the storage of the information.Compute:The system is responsible for computing value for the users. Computing value will give the result of the remaining products or items in the business.Monitor:The system is responsible to monitor the stocks of inventory. This will help the user to know the exact numbers of the remaining productsUser:They have the big part in the System because they are the one who will use it. They interact in the system and perform all the functions