DESIGN AND IMPLEMENTATION OF A COMPUTERIZED-DRIVEN STOCK MANAGEMENT SYSTEM FOR SMALL BUSINESSES RECORD KEEPING AND TRACKING

ABSTRACT Stock management is very important in retail stores especially in those with large number or 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 stock at hand in other to meet demand is said to be extremely difficult if certain product 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 packaging, picking and shipping to customers. A stock management system is a tool used to track goods and services of a company. Invertory or stock management is a process that integrates the flows of supplies into and out of an organization to ensure right quality at 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 labor and avoid over cost. It will be efficient in tracking goods on daily basis. This stock software will enhance the flow of goods, improve customers services and also enhance the inflow of cash. One of the most important objectives of this project is aimed at increasing efficiency in operations. This automated system is aimed at: maintaining accuracy in database handling, improve flexibility and harnessing the use of programming language such as PHP/HTML which will be use as the major development tool and for the database we will use MYSQL and the model adopted is the prototype model Research was also carried out in various manufacturing and logistics companies by conducting oral interview and reviewing the difficulties these companies undergo in maintaining a manual stock system