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Design and implementation of computerised stock control system
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Abstract Stock management is very important in retail stores especially in those with a large number or a variety of merchandise or items for sale. It is difficult for distributors, wholesalers, retailers and also manufacturers to manage stocks. Due to lack of efficient inventory, keeping track of stocks at hand in other to meet demand is said to be extremely difficult, if certain products are often sold together or are more popular than the others, it will be difficult to actually group them together or place the product near the delivery area to speed up the process of picking, packing, and shipping to customers. A Stock Management System is a tool used to track the goods and services of a company. Inventory or stock management is a process that integrates the flow of supplies into, and out of an organization to ensure the right quality at the right cost. An automated stock management system is a computerized method of controlling sales and products in a company. This application will maximize efficiency, reduce labour, and avoid over cost. It will be efficient in tracking goods on a daily basis. The Stock Software will enhance the flow of goods, improve customer services and also enhance the inflow of cash. One of the most important objectives of this project is aimed at increasing efficiency in operations, the automated system is aimed at maintaining accuracy in database handling, improve flexibility, and increasing efficiency of the automated stock system.