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Abstract 1

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Abstract 1

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TABLE OF CONTENTS

Background of the Study……………………………………………...page 2-3

Overview of the Current State of Technology………………..………page 4

Statement of the Problem………………..……………………………page 5-6

Research Question…………………………………………………….page 7

Objective of the Study………………..……………………………….page 7

Significance of the Study…………………..…………………………page 8

Scope and Limitations………………………………………………..page 8-9

Definition of Terms…………………………….…………………….page 9-10

References……………………………………………………………page 10
WEB-BASED INVENTORY STOCK MANAGEMENT FOR BASARTE’S GROUP

Submitted to the Faculty of

STI College – Marikina

In Partial Fulfillment of the Requirements for the

Senior High School Information Technology: Mobile Application and Web Development Strand

by

Moneda, Angelica D.

Tomaneng, John Michael D.

Lopez, Joriz Paulo M.

Buenavista, John Andrei

Bastistiana, Franz Charles

December 2023

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CHAPTER 1. INTRODUCTION

Background of the Study

Companies have ways to help maintain and establish satisfactory performance for their products,

businesspeople need to have a record or report of sales and performance of their products

throughout the year. They can see here the progress if their sales are increasing, decreasing, or in

the same progress. Companies and even small businesses need to collect data about their

products. The stocks, and the needed products to resupply. In this study, we will make a website

that can help Basarte's Group with their product (Banana Blossom and Malunggay made

Nuggets) for Grade 11 students of STI College Marikina. This inventory website is for the

business they want to pursue. We make it to help them to be productive and to ease tracking their

business progress. This can help them manage their time because it is in one application and

there is no need to download many apps or go to another website to just see the Inventory.

According to the research of Muhammad Marsudi, from the Department of Industrial

Engineering at Universitas Islam Kalimantan. The inventory helps to run the business smoothly

and has a key role in controlling businesses. It is used to see the stocks if the materials for

making their products are still available, and enough for making the target numbers of products

to be produced. According to the Inventory theory study by Jaime Zappone, he stated that “The

purpose of inventory theory is to determine rules that management can use to minimize the costs

associated with maintaining inventory and meeting customer demand.” (Zappone, n.d.).

Furthermore, the inventory has three basic types; raw resources, work-in-progress, and

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completed goods. The raw materials are the ingredients that are needed in making their products.

Work-in-progress is the process of production. And completed goods are products already made

but not yet sold. (Pagare, et al., 2016). This process that Pagare’s group stated can help us to

identify or break down the important things need to have an inventory system especially if the

products getting popular to the consumers, you need to maintain the stocks to produce enough

products to the market and to maintain the tastes, or appearances of your product to attract more

buyers for your business.

The inventory system played a vital role in the COVID-19 pandemic. The review article entitled

“Inventory Management and Control Systems in COVID-19 Pandemic Era: An Exploratory

Study of Selected Health Institutions in Anambra State, Nigeria”. This review specified the

inventory system played a significant role in the COVID-19 pandemic to modify the demand and

supply medical supplies. (Lliemena, R. 2022).

The information we get from that information gives us knowledge and insights on how the

inventory system works. It also helps us to know how to improve the system in tracking

materials. Making the owners have a systematic, timesaving, cost-efficient and suitable website

for their inventory.

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Overview of the Current State of Technology

The system's purpose is to bridge the extensive gap between theory and practice of inventory

management and to assist users in achieving efficient and successful inventory management.

Inventory control is important in ensuring the smooth running of the store, company, or business.

Here is the common practice of inventory management:

● Receive and inspect products.

As it suggests, obtain the products, and examine them for the exact quantity and other problems.

● Sort and stock products.

We sort them by category, label, or other system. After that we stock the products in a suitable

environment or place.

● Accept customer order.

Taking the customers’ orders and figuring out the storage.

● Plan the products.

You need to consistently track results, monitor stock levels, and investigate any issues. Based on

this data you can then update your management plans.

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● Reorder new stock.

With data, you could ensure the schedule and quantity to re-order. By basing on previous sales,

we could minimize both stockouts and deadstock.

Statement of the Problem

General Problem:

The current inventory management system for (Banana Blossom and Malunggay made Nuggets)

is inefficient and manual, leading to operational challenges that hinder the effective distribution

of nutritious snacks to senior high school students.

Specific Problems:

1. Inefficient Inventory Tracking: The existing manual system lacks efficiency, resulting in

inaccuracies and delays in tracking the availability of (Banana and Malunggay made Nuggets)

2. Limited Accessibility: Authorized personnel face challenges in accessing real-time inventory

data, impacting their ability to make informed decisions regarding restocking and distribution.

3. Difficulty in Demand Prediction: The absence of a systematic approach to analyzing

consumption patterns makes it challenging to accurately predict the demand for energy bars

among senior high school students.

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4. Risk of Product Spoilage: Inadequate monitoring of expiration dates and timely rotation of

stock poses a risk of product spoilage, impacting the quality and availability of (Banana and

Malunggay made Nuggets) for Grade 11 students.

5. Manual Ordering Process: The reliance on manual processes for placing orders leads to

delays and potential errors in replenishing inventory, affecting the consistent availability of

energy bars.

6. Lack of User-Friendly Interface: The absence of a user-friendly interface for inventory

management hampers the adoption of efficient tracking systems among staff responsible for

distribution.

7. Security Concerns: The current system may lack sufficient security measures, raising

concerns about unauthorized access or manipulation of sensitive inventory data.

8. Limited Reporting and Analytics: The absence of comprehensive reporting and analytics

tools makes it difficult to derive valuable insights into consumption trends and overall inventory

performance.

9. Inadequate Communication Channels: There is a lack of effective communication channels

within the inventory management system, resulting in miscommunication and delays in

addressing stock-related issues.

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10. Sustainability Challenges: Manual processes contribute to a lack of sustainability in

managing inventory, hindering efforts to align with environmentally friendly practices and

institutional goals. Addressing these specific problems through the development of a dedicated

website application is essential to streamline inventory management processes and ensure the

consistent availability of their products.

Research Questions

1. How does this inventory help their (Banana Blossom and Malunggay made Nuggets) product

to be useful in their business growth?

2. What is the difference between this inventory to other inventory systems?

Objective of the Study:

General

The objective of Web-based Inventory Management for Basarte's Group is to ensure that they

can easily monitor their raw materials, finished products, and the number of products they sell.

Specific

● To analyze the impact of effective inventory management on overall operational

efficiency, cost reduction, and customer.

● To assess the potential impact of external factors, such as market trends, and supply chain

disruptions on the inventory management process.

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● To contribute to the existing body of knowledge in inventory management by best

practices applicable to the specific industry and organizational context.

● To figure out how better inventory management could help us run things more smoothly,

save costs, and to keep the customers happy.

● To explore the integration of technology solutions, such as automation and forecasting

tools, to enhance the responsiveness of the inventory management system.

Significance of the Study

1. The business owners Basarte's Group can easily monitor the number of their stocks in making

their products. This inventory will help us to keep track of the raw materials, products in

progress, and finished products.

2. Web-based inventory will be useful in knowing the daily progress.

3. It can help them easily connect with their suppliers within our web-based inventory.

4. This will also help us to lessen the use of traditional ways of getting the inventory in

businesses (e.g., using a logbook to monitor their inventory and store it in a filing cabinet).

Scope and Limitations

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Scope: This research aims to develop a web-based inventory management system for a specific

business such as the ABM product (Banana Blossom and Malunggay made Nuggets). The

system will be designed to:

● Track and manage the inventory levels of a specific product.

● Provide real-time updates on inventory levels.

● Generate reports and analytics on inventory data.

● Implement a unique feature to enhance inventory management.

Delimitations:

● This research will focus on developing the system for a Banana Blossom and Malunggay made

Nuggets.

● The system will not be made available for use by other businesses.

● The scope of the unique feature will be limited to one specific functionality.

● Integration with external systems and APIs will not be considered.

Future Scope: This research lays the foundation for further development and expansion of the

inventory management system. Future work could involve:

● Adding support for multiple products.

● Implementing more advanced unique features.

● Expanding the system to be used by multiple businesses if the application gets recognized.

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● Conducting more comprehensive security testing and audits

Definition of Terms

Deadstock - The amount of a product a company has bought or made but is not able to sell.

Stockout - It is an event that causes the inventory to be exhausted.

API - (Application Programming Interface), is a "go-between" that enables a software program

to interact with other software.

References

Scott, G., (2022, March 28). Application Programming Interface (API): Definition and

Examples. https://www.investopedia.com/terms/a/application-programming-interface.asp

Lliemena R., (2022) Inventory Management and Control Systems in COVID-19 Pandemic

Era: An Exploratory Study of Selected Health Institutions in Anambra State, Nigeria. J

Hosp Med Manage Vol:8 No:7. https://hospital-medical-management.imedpub.com/

Pagare, M., Yadav, S K., Mahale, R., Pawar, M., Patil, P., Bhadane, D., (2016, January). A

STUDY ON INVENTORY CONTROL AND MANAGEMENT TECHNIQUES. Vol. No:5,

Issue No:1. www.ijstm.com

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