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Chapter 2

This document discusses local and foreign literature on point-of-sale (POS) systems and inventory management systems. According to a local source, Shop Keep is a cloud-based POS system for retailers that offers useful features to help save time and boost sales. A local study proposes a computerized sales and inventory system for building blocks to make transactions more efficient than a manual system. A foreign study notes that inventory is often the largest business asset after fixed assets, and a manual inventory system can lead to errors, while a computerized system allows for accurate tracking of stock levels and transactions.

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Florence Gonzalez
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© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
598 views

Chapter 2

This document discusses local and foreign literature on point-of-sale (POS) systems and inventory management systems. According to a local source, Shop Keep is a cloud-based POS system for retailers that offers useful features to help save time and boost sales. A local study proposes a computerized sales and inventory system for building blocks to make transactions more efficient than a manual system. A foreign study notes that inventory is often the largest business asset after fixed assets, and a manual inventory system can lead to errors, while a computerized system allows for accurate tracking of stock levels and transactions.

Uploaded by

Florence Gonzalez
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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CITY OF MALABON UNIVERSITY

Mayamaya St., cor., Pampano St., Brgy. Longos


Malabon City

Illut, Magnolia L. BSIT 4B

Local Literature

According to S. Angeles a writer of Business news daily (2016) Shop Keep is

the best pick of POS for retailers because it is a cloud based service meaning

applications, services or resources made available to users on demand via the

internet from a cloud computing providers servers.

This POS system for retailers comes with a ton of useful features. Offers

plenty of tools to help the retailers to save time and boost sales, spend time growing

the business and less time worrying back-end processes. It can be easily to manage

inventories, gather information, boost sales, manage employees and reports can be

generated straight from the point of sale system.

Foreign Literature
CITY OF MALABON UNIVERSITY
Mayamaya St., cor., Pampano St., Brgy. Longos
Malabon City

Local Studies

According to R. Maliwat and M. Beronio (2013) propose a Sales and Inventory

System for Standard Hollow Blocks because the existing system consumes a lot of

time and effort in making transaction and retrieving records since it is done manually.

A computerized inventory system is more efficient, accurate, convenient,

secure and reliable than the manual system. The information or records about the

product and sales can be easily monitored and accessed. It can maximize not only

the users productivity but also the companys business capabilities.

The findings of the study can improve the companys system of transaction. It

can resolve errors that are occurring on the existing system.

Foreign Studies

Inventory is often the largest priced asset of a business after the fixed asset.

Keeping the inventory also means keeping a tab on the realizable value, market

value of all the stocks, production and finished stock. Manual system of inventory

management system will leads to human errors during counting and recording and in

case of disaster like fire or flood or poor communication, the inventory records will be

damaged and irretrievable.


CITY OF MALABON UNIVERSITY
Mayamaya St., cor., Pampano St., Brgy. Longos
Malabon City

This research has designed a Computerized Inventory Management System

to ascertain stock level, when to order for more products, updates of transactions and

goods were supplied to implement the possible solutions.

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