LOCAL LITERATURE

According to Carter(2012), Point of sale system have replace traditional cash registers, largely
for functionality reasons. POS system, as they are sometimes called, are relatively easy touse and help
provide valuable data for important decision makers. In order to keep up with the record-keeping needs
of small and mid-sized business, a good point-of-sale system is necessary. Web-based point-of-sale
systems are preferred ove software base pos system because they are easily upgradeable, and feature
access from multiple computers.

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According to Gemma Navarro (2012) Computer is a general purpose device which can be
programmed to carry out of finite set arithmetic or local operation. Computer has a big rule in our
nation today because of our technology. Wherever you go computer still exist, especially into a
computerizing system. The rule technology in our life today has a big impact.

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According to Carolina Barcode Inc. (2013), a Point-of-Sale system is a computer software and
hardware networked together to track sales and inventory as they occur. Point-of-Sale systems will solve
a multitude of problems in your business. It is one of the focal points of any retail or hospitality business
in the cash registers. The ability to process transaction and tender cash are essential to the efficient
operation of the enterprise. If you have a lot of cash transactions, replacing the cash registers with a
Point-Of-Sale (POS) system save you a money.

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According to S. Angeles (2016), Shop keep is the best pick of POS for retailers because it is a
cloud-based service application. Services or resources made available to users on demand via internet
from a cloud computing provider’s server. This POS system for retailers comes with a ton of useful
features. Offers plenty of tools to helps the retailers to save time and boost sale, spend time growing
the business and less time worrying back-end processes. Therefore, this system helps the retailers to
easily manage inventories, gather information, boost sales, manage employees and reports can be
generated straight from the point of sale system.

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LOCAL RELATED STUDIES
According to Geraldine B. Mangmang (2018), This study is an innovation of POS system wherein
notification features through screen pop-ups of overdue payments and out of stock items were
integrated. The developed system gave satisfaction to an enterprise-Sheallzy Enterprise, located in
Malitbog Southern Leyte. The software product is created in Microsoft Visual Studio 2012 with
Microsoft SQL Server 2005 as the database. The ISO/IEC25010:2011 standard was used as a model for
evaluating the created software. This study used a developmental evaluative design which is an
approach that supports innovation. The research instrument was validated by an information
technology expert to ensure the validity of the questionnaire. The target client of the study served as
the respondents of the study in order to achieve the purpose of the software, specifically, the owner
and the cashier of the business. The quality in use model (i.e. effectiveness) and product quality model
(i.e. usability, performance efficiency) were used to assess the quality of the new system. Results
revealed that the management is very satisfied in the performance of the new software. The developed
system is efficient, and effective compared to the existing system. Findings of the study proved that
embracing technological advancement can improve the whole business operation. It is recommended
that retailers who deal with credit transactions use the system in order to have close monitoring of
overdue payments.

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According to R. Maliwat and M. Beronio (2013), the existing sales and Inventory System for
standard Hollow Blocks consumes a lot of time and effort in making transaction and retrieving records
since it is done manually. A proposed Computerized Inventory System is more efficient, accurate,
convenient, secure and reliable than the manual system. The information of records about the product
and sales can be easily monitored and accessed. It can maximize not only the user’s productivity but also
the company’s business capabilities. Therefore computerized Inventory System can improve the
transaction process of a company and it can resolve errors that are occurring on the existing system.

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FOREIGN LITERATURE
According to A. Bianca(2012), Sales and Inventory Monitoring system can help the company to
make strategic business decision. This system collects company’s data to control the stocks and
determines the level of production according to the demand. This system gives the company a
competitive advantage by linking different automated processes and can exploit this linkages. Therefore,
Sales and inventory monitoring system will help the management to make a rapid decision regarding
with the stocks, production scheduling, material purchases, pricing, logistics and other decisions to
increase revenues and meet the customers demand.

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FOREIGN RELATED STUDIES

According to O. Abisoye, F. Boboye and B. Abisoye (2013), Inventory is often the largest priced asset of
a business. Keeping the inventory also means keeping a tab on the realizeable value, market value of all
the stocks, production and finished stock. Manual system of inventory management system will leads to
human errors during counting and recording and in case of disaster like flood or fire or poor
communication, the inventory records will be damaged and irretrievable. Therefore, this research has
designed a computerized inventory management system to ascertain stock level, when to order for
more products, updates of transactions and goods were supplied to implement the possible solutions.

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