Sales Inventory of Gty Essay Example
Sales Inventory of Gty Essay Example

Sales Inventory of Gty Essay Example

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  • Pages: 3 (659 words)
  • Published: April 10, 2017
  • Type: Case Study
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GTY Trading, led by their manager at the time, aimed to incorporate automation into their sales and record-keeping processes. This involved using technology to compute sales, record important data such as dealer information and consigned products, and avoid any discrepancies. The main objective was to keep accurate records of all dealers, calculate their percentage based on gross sales for a week, and determine the overall sales of GTY Trading based on dealer remittances. However, the manual process used by the manager's office caused various issues, including misplaced records of consigned products, slow computation, and delayed sales reports. In response to these challenges, a GTY Trading branch was established in Molave, Zamboanga Del Sur on May 28, 2010. This expansion aimed to cater to individuals who could not afford branded clothing, with Mr. [Insert Name] leading the operations.

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d on the second floor of Mitsubishi Building in Molave, Zamboanga Del Sur, RAEL T. SELERIO's office consists of a team of four employees, including one cashier and two checkers who are all under the management of MR. RAEL T. SELERIO. They also have dealers totaling one thousand individuals, with only one hundred actively participating. Recognizing the need for an automated system to improve their recording and sales inventory processes, they have decided to develop such a system. Currently, they rely on manual procedures for recording and computation; however, they plan to acquire a computer set to implement an automated system that ensures faster and more secure data processing while maintaining efficiency and accuracy.

Summary of the Current State of Technology

Technology's role in today's world is undeniably crucial, with remarkable progress made in recent times. While these inventions ai

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to bring positive results, negative consequences often arise after implementation. In the collision repair industry, technology and computers are gaining more prominence.

The use of technology has improved the efficiency and effectiveness of our work, ultimately saving time for customers. Over the past ten years, there have been considerable advancements in equipment technology, leading to higher levels of productivity. We now have a computerized management system that enables fast order processing, accurate product costing, and comprehensive management reporting. The widespread availability of computers and the internet has transformed how businesses connect with their customers. GTY is currently focused on implementing an automated system for record-keeping and sales calculations to further enhance efficiency and speed. Additionally, they are working towards automating dealer profile recording as a means to eliminate manual record books.

The researchers have decided to develop an Automated Recording and inventory system for GTY Trading to address their record-keeping problem. The objective of the study is to create an automated recording tool that will help organize the company's records more efficiently. Specifically, the study aims to provide an organized record of the dealers' personal information, record unsold or returned products through consignment, maintain organized records of all dealers, and calculate the total percentage of each dealer based on their sales. The scope of the study is focused on the automated recording and sales inventory of sold-out products for GTY Trading. The system includes profiles of members or dealers, their consigned products, and their weekly sales. However, the system does not involve inventory management for all products and cannot issue a printed TRA (Trust Receipt Agreement) to dealers. The significance of this study is that it benefits

GTY Trading, its manager, and workers by helping them keep their records in order.

The GTY Trading currently utilizes a manual method for managing and storing their records. This system allows the establishment's personnel to securely store their records and also calculate their sales and the dealer's percentage based on their weekly gross. Additionally, it provides the manager with a convenient means to locate the records of the dealer's consigned products.

The mentioned system has a notable effect on enhancing the services of the manager's office, ultimately benefiting future programmers involved in the development of a similar system.

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