Manual method of tracking sales using paper sales tickets and spreadsheets
As the new manager of a convenience store, you have noticed issues with the manual method of tracking sales using paper sales tickets and spreadsheets, as well as shortages
Manual method of tracking sales using paper sales tickets and spreadsheets
As the new manager of a convenience store, you have noticed issues with the manual method of tracking sales using paper sales tickets and spreadsheets,
as well as shortages on some of the more popular items carried in the
store.
Present your case for upgrading to a database-driven solution for tracking sales and inventory to the store owners.
They are concerned about the cost and want to know what this upgrade would entail.
Include the following:
How a system could improve efficiency
How a system could improve accuracy
Also, how sales of individual items would be entered
How the database would store the data compared to the current spreadsheet method
How monitoring of inventory levels based on sales using the database would work
Create A written business proposal (approximately 2 pages)
MORE DETAILS:
What Is Inventory Management?
Inventory management is a step in the supply chain where inventory and stock quantities are tracked in and out of your warehouse.
The goal of inventory management systems is to know where your inventory is at any given time and how much of it you have in order to manage inventory levels correctly.
Some companies may opt to scan in inventory via a barcode scanner to increase efficiency along pick routes and accuracy.
Unlike an ERP system, an inventory management system focuses on one supply chain process.
They often come with the ability to integrate with other software systems
– point of sale, channel management, shipping – so you can build a personalized integration stack to the needs of your unique business.