INVENTORYHUB: STREAMLINED SALES INVENTORY MANAGEMENT FOR THE BUSINESS CENTER OF THE IMMACULADA CONCEPCION COLLEGE
Keywords:
manual recording, digitalization, inventory management, system effectiveness, business operations, online reviews, purchasing behavior, grade 12 students, accountancy business and management, immaculada concepcion collegeAbstract
The manual recording and encoding of sales within the business center present several challenges for both personnel and administration. Physical record-keeping can lead to issues such as data loss, storage limitations, and inaccuracies. Manual processes are often slow, cumbersome, and prone to errors, which can hinder business growth and efficiency.
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To address these challenges, the researchers have developed a project aimed at modernizing and digitizing the business center's operations. The proposed system includes features such as order and payment processing, sales recording, daily and weekly analytics, automatic monthly sales logging, and inventory management. Implementing such a digital inventory management system can enhance operational efficiency, provide real-time visibility into inventory levels, and improve demand forecasting.
By transitioning from manual to digital processes, the business center can reduce errors, optimize inventory levels, and make more informed decisions, ultimately leading to improved performance and customer satisfaction. The researchers employed a descriptive-developmental research approach to observe and detail the characteristics of the system under development. This methodology involves systematic study of designing, developing, and evaluating instructional programs, processes, and products that must meet specific criteria.
Adopting an agile methodology, the team emphasized flexibility and iterative processes throughout the system's creation. Agile development anticipates the need for flexibility and applies a level of pragmatism to the delivery of the finished product.
To assess the system's effectiveness and usability, data were collected from respondents using a standardized questionnaire, employing a total population sampling method. The system was developed utilizing Visual Studio, an Integrated Development Environment (IDE), and Visual Basic.NET (VB.NET), a programming language. Achieving an overall weighted mean of 4.62, interpreted as "Very Much Acceptable," InventoryHub effectively streamlines and simplifies procedures within the business center. This high rating indicates strong user satisfaction and confidence in the system's capabilities.
In the context of a five-point Likert scale, a weighted mean of 4.62 typically falls within the highest range, reflecting a high level of agreement or satisfaction among respondents. This suggests that users find InventoryHub to be a highly effective tool in reducing workload and enhancing operational efficiency.
By transitioning from manual processes to a digitized system like InventoryHub, organizations can minimize errors, optimize inventory management, and improve overall performance. The positive feedback from users underscores the system's success in meeting its intended objectives. Inventory Hub is an effective tool for managing sales inventory, enhancing accuracy, and improving overall business operations. Its integrated approach to data and real-time capabilities makes it a valuable resource for the business center at Immaculada Concepcion College.