Chapter 2 Related Studies and Literature

Chapter 2 Review of topical anaesthetic and unconnected Studies and Literature Local Studies According to the contain of Anna Marie Beltran Distor of Proposed Sales Monitoring System issued 1995, the accelerated work social constitution of the company proper observe is essential in modulate to keep overcome of the companys sales activities. Her corpse aims to come up with an monetary value-efficient, and accurate mechanized system of preparing invoices that will keep track of the daily transaction and generate reports.Important in exploitation will be provided by this study in order to prove that the computerization of the companys 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 record of the sales departments. This system of hers is somewhat related to our study but our system focuses more on the inventory monitoring s ystem of a trading company. Local Literature 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 stop number to manipulate and recall data to the format a user wishes to use which the introduction of microcomputer count of business is more affordable. Foreign Study According to the study of Edwin Bello and his fellow researchers of Computerized Monitoring and Inventory of telephone line with Warning Level dated March 2005, many unassailables 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 entropy storage and retrieval capabilities. Iventory management is a process of developing and maintaining products that are in demand by customers efficient inven tory management, an important aspect of physical distributor, can help a firm achieve its profit goals. For instance, Hanes Hosiery Inc. evelop a computerized inventory management system to drastically reduce the time requisite to restock a store carrying Hanes product, orders that once took seven days to reach a store now arrive in one. Good inventory management balances the cost of holding a large inventory with the cost of losing sales because of shortages, or stock outs, of certain products. One inventory management technique utilise to achieve this balance I just-in-time(JIT) inventory, popularized in Japan.Companies using JIT maintain smaller inventories by ordering more often and in smaller quantities, just in time for production. Fire place manufactures, which makes metal open fireplace in Santa Ana, California, trimmed its inventory from $1. 1 million to $75,000 using JIT. In the meantime, sales doubled because the firm was able to be respond to customers orders much fa ster. The study is somewhat similar to our systembut we are focusing on inventory monitoring rather than inventory management of a system. Foreign Literature Kendal and Kendal (1999) p. 85 in his book said, The computer was adapted initially to take over the routine work and force military unit for more creative task(in addition to holding certain highly routine task for more quick done manuals). Ralph M. Stair(1984) p. 57 of his book Priciple of Data Processing said, The purpose of a management information system is to get the right information to the right people at the right time. The success of any organization depends on good decision-making and good decision-making depends on good information.