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Review of Related Systems: Jren'S Panciteria Point of Sale System

The document discusses point of sale (POS) systems. It provides an overview of POS systems, noting that they are computer software and hardware used to track sales and inventory. The document also discusses advantages of POS systems such as eliminating paperwork, providing valuable business data, and helping businesses focus on customer experience. Finally, the document discusses how computerized systems can help efficiently manage records and inventory.

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Sheryll Tamang
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174 views3 pages

Review of Related Systems: Jren'S Panciteria Point of Sale System

The document discusses point of sale (POS) systems. It provides an overview of POS systems, noting that they are computer software and hardware used to track sales and inventory. The document also discusses advantages of POS systems such as eliminating paperwork, providing valuable business data, and helping businesses focus on customer experience. Finally, the document discusses how computerized systems can help efficiently manage records and inventory.

Uploaded by

Sheryll Tamang
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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JREN’S PANCITERIA POINT OF SALE SYSTEM

Chapter 2

REVIEW OF RELATED SYSTEMS

This chapter presents the review of related literature and studies that have

somerelevance to the research proposal about point of sale system.

Foreign Literature and Studies

As defined by Carolina Barcode Inc. (2013), a Point-of-Sale system is a

computersoftware and hardware networked together to track sales and inventory as

they occur.Point-of-Sale systems will solve a multitude of problems in your business. It is

one of thefocal points of any retail or hospitality business in the cash register. The ability

to processtransactions and tender cash are essential to the efficient operation of the

enterprise. Ifyou have a lot of cash transactions, replacing the cash registers with a

Point-Of-Sale (POS) system save you money.In an early age when most of the company

are still using the manual system in thesales and inventory, most of the company

encountered so many problems and this is because of the process of the existing

system is too slow and too long. According to KayeMorris (2010), manual inventory

management system can help sales and productionmanagers control costs by

identifying lost sales due to inventory shortages; inventoryoverrides on products that are

not selling; losses due to employee’s theft or damage.Implementing an inventory

management system can take a large amount of timedepending on the size and

diversity of inventory.

According to the thesis of Carlo Magno “There was a ground swell to move from

paper signature and documents because the task of record management was huge.

We had file cabinets full of backup materials. By converting from manual process, we

Cagayan State University- College of Information andComputingSciences i


Barangay Cattaran Profiling System

would be able to eliminate a lot of paper. We could go further with the automation of

manual process and remove manual paperwork if people trusted the technology.

Point of sale systems have replaced traditional cash registers, largely for

functionality reasons. POS systems, as they are sometimes called, are relatively easy

touse and help provide valuable data for important decision makers. In order to keep

up with the record keeping needs of small and mid sized businesses, a good point of

sale system is necessary. Web-based point-of-sale systems are preferred over software-

based possystems because they are easily upgradeable, and feature access from

multiple computers (Carter, 2012)

The best thing about having a computerized POS System in your retail business is:

as new stocks arrives and as it is sold, it keeps the stock levels current and updated,

hence making it is easier to identify which items are selling and which items are not. A

POS System is also good in checking for any obsolete or out of date stock that needs to

be disposed. If you are still counting your inventory manually on the shelves or in the

warehouse, you should think twice about your method, for there are many advantages

in using a POS System. One advantages of a POS System is its ability to help your

business achieve detailed real-time stock level information. In addition, a POS System

can also give you information such as weather forecasts, public holidays and major

sporting events, which can be of great help in determining the stock level of seasonal

products. You can now efficiently and effectively handle your stock management

accurately (Ganderton, 2010).

One of the biggest, and probably one of the most important, advantages of an

automated sales and inventory system is that it helps businesses focus on their biggest
Cagayan State University- College of Information andComputingSciences
Barangay Cattaran Profiling System

goal, to improve the customers experience at the store (Mueller, 2011). With this system,

companies can have a better understanding of customer demand through the analysis

of their sales and inventory.

Local Literature and Studies

The Sales and Inventory System of the vital to any institution, agency,

ordepartment. The proper safekeeping, processing and disposal of records play

importantroles in the efficient, effective and smooth operation that eventually would

lead to thesuccess attainment of the goal and objectives of institution, agency and

departmentconcerned. Based on her recommendation there should be a central

record managementoffice that will hold data of the agency to serve as locator of the

record and to control thedisposal of each record. This can be possible with

computerized system. Computer withthe appropriate software package is capable of

handling records efficiently andeffectively. In addition, locating records that are

computerized is faster than finding themin the filling cabinet (Magat, 2007).

According to Gemma Navarro (2012) Computer is general purpose device

which can be programmed to carry out a finite set arithmetic or local operation.

Computer has a big rule in our nation today because of our technology, Wherever you

go computer still exist, especially un business it makes the procedure easy and secure

by programming the manual system into a computerizing system. The tule of technolofy

in our life today has a big impact.

Cagayan State University- College of Information andComputingSciences

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