Sales and Inventory

SMW’s current accounting information system is a cutting edge relational database system through Microsoft Access with internal controls set to adequately prevent and detect errors and fraud. This relational database system tracks sales orders, shipments, accounts receivable, cash receipts, purchases, accounts payable, cash disbursements, inventory levels and other relevant accounting information. The system’s output is compliant with Generally Accepted Accounting Principles (GAAP). The database processes currently in use at SMW are described below.

Briefly describe (from “Googlepedia”) Susan’s and Edward’s effective research steps. And then describe their opportunities for improvement.

As in any other investment, the upgrade of the “bookkeeping” system in the Books’R’Us scenario will be associate with concerns about cost, return of investment, security, workforce accessibility and limitations, complexity of the project. Overall issues that may arise during the implementation phase, such as roles and responsibilities, execution times, maintenance of the system and turnaround in efficiency that will create profit for the company are key responsibilities for any designer. With that in mind a few very important questions that we need to ask before we jump into the design phase are security level desired by the owners and what is the security clearance that each employee will have, what complexity level the owners would be comfortable with and what design will be easy for them to maintain and navigate more efficiently. As the design begins, the owners would greatly benefit by assisting in a quick interview about the database layout and the breaking down of the logical units, what they consider priority data and need to access multiple times a day.

This project ‘Grocery store’ will focus on small aspect of the grocery enterprise simulating a customer buying items by selecting them on a form as if taking them from the shelves. They can then see their subtotal and tax and finish the transaction. A store employee level user can view certain reports on inventory, customer activity and personal information using data stored in the tables. Employees will also have to log in to use the system. Their information will appear in reports that managers run.

New applications will utilize off-the-shelf software components that have been customized per Riordan’s specifications and further messaged to ensure that each application will integrate smoothly with all the others in order to create a single cohesive whole. Great effort will be made to ensure that the data structures used in each are consistent in order to simplify the creation of the enterprise’s database. To help facilitate this, we will create an umbrella application that will integrate each other system as a module. This umbrella application will be extendable as needed and will act as a single-launch point for the various systems utilized by Riordan. We will also be working closely with Riordan’s IT department to develop a bridge that will enable them to easily port their existing databases into the new one automatically.

The company uses an operating system called AS/400. AS/400 is setup with a database included. The database is customizable to fit the specific needs

4. How did your findings compare with other researchers? Mostly everybody’s findings were the same.

Coming out of the first year of the merger, what new opportunities should the new “Defining Entity” pursue in order to grow business?

An order processing system will be trap the order information from the customer service or straight away get it from customers. The data will be stored in a central database and the order information will be send to the accounting and shipping departments. The order processing system will be generate the tracking data based on the orders and inventory for every step of the way. Order processing system is very useful in any company especially those retailer or supply chain company. This system can help to ensure that all of the customers’ orders are filled on time. Since it is an automatically systems thus it can reduce errors while order is processing. By using this system, it can create a win-win situation between their business and their customers. It will enhance customers’ experience with more reliable deliveries and zero mistakes order fulfillment. For the business side, it can maximize the profit of the company with all the accurate orders, not to mention about the long-term revenue boost that comes from consistently satisfying

Additionally, there are several grammatical errors in this research proposal. The proposal should be proofread by someone besides the author. It appears that the author has completed a comb of the paper for errors, but the author was not able to catch every detail. It seems as if the author knows what he wants to convey to the audience, but he unable to do so from an outside perspective.

point of sale system. The POS system is a perpetual inventory counting method that electronically records items immediately upon their point of sale (Stevenson, 2015, pg. 552). In other words, as a cashier scans a customer 's groceries, each scanned item is automatically recorded in the system and deducted from the store’s inventory. Implementing a point of sale would benefit a business’s inventory management function in several ways. First, the POS system will provide managers with a continuous flow of updated information (Stevenson, 2015, pg. 552). As a result, the information will provide more accuracy when used for sales forecasts and analysis, which substantially affect inventory decisions. Continuously, this inventory system would also allow greater flexibility in the sense that it can be wirelessly linked to the main company’s inventory system, creating a network of the company’s inventory systems. The POS system is capable of tracking many operations at once and can be modified according to management’s needs (MacCarthy, n.d.). This flexibility would undoubtedly benefit a large company like Wegman’s with many store locations. Lastly, the system is able to help businesses maintain a high level of customer service. Because the system gives customers a receipt with the price and quantity of each item purchased, the customer is able to see exactly what he or she purchased. This practice

By the online tracker system the business processes are automatically done and the access of information is easily available

* In the second, you must include outside research to corroborate your thread (from the Liberty University Online Library or elsewhere).

* High quality of whisky due to the unusual iron-free spring water used in the distillation process and the specially prepared fire-charred white oak barrels used in the aging process.

The company problem is they using chaos system and it is difficult for the admin to estimate their profit. With the new system developed, the company can manage their inventory data easily, quickly and more secured.