Office Systems

BSc Business Information Technology

Year 3

An Inventory Control System for Titlas Ventures Limited

Submitted by:

Amalia Modu Eraul                                        2406026

Faderera Adeniyi                                        2500660                        Oyindamola Sarumi                                        2501198

Submitted To: Mike Scott

May 8, 2008

ACKNOWLEDGEMENTS

We give utmost thanks God Almighty for seeing us through these years.

We would like to thank our tutor Mr Mike Scott for his support with our group project.

We will like to give special thanks to our family for their constant support and assistance.

We also want to show appreciation to our colleagues who have contributed to our report in one way or another.

TABLE OF CONTENTS

CHAPTER                                                                        PAGE

1.        INTRODUCTION        

2.1.        CURRENT SYSTEM        

2.1.1.        PROBLEMS ASSOCIATED WITH CURRENT SYSTEM        

2.4.1.        OPTION 1 – LOCAL STANDALONE DATABASE        

2.4.2.        OPTION 3 – USING STOCK CONTROL SYSTEM SOFTWARE        

3.        METHODOLOGY        

8.2.1 FUNCTIONAL TESTING        

TERMS OF REFERENCE

The way that this project is going to be developed is by working together as team members to develop, implement and design an application to help Titlas Ventures Limited with their business. Doing this report has helped us has individuals to work as a team, it has also made us aware of the difficulties associated with managing a team based project, this help us develop ways of overcoming the problems that arise from team work. In addition, we learned better, communication, interpersonal skills

The Report was requested by Mike Scott as a part of assessment for the Office Systems Unit. This report has detailed and coherent account for requirement analysis.  

This report is to be submitted on the 8th May 2008

EXECUTIVE SUMMARY

This report reviews the possible options, available for analysing and designing a new system in regards of designing and developing an inventory stock control system for Titlas Ventures Limited. The system will contain product, staff, customers and order details.

This review, details the development of a new system for Titlas Ventures limited. It details its development from the specification and the concept to realisation, highlighting and detailing the major decision and turning points through the development stages. It analyses the current problems and the potential areas that needs development.

The outcome of the review was to create a new system, looking at the customer’s requirement in regard of design requirements and any improvement that could be applied to this system. It also covers the justification of Information Systems development methodology like Rapid Application Development [RAD],  Dynamic System Development Method [DSDM] and the testing procedures used.  

 

The main technology used to derive at the end result of this project is Microsoft Access.  This document is divided into relevant chapters following the stages of Dynamic System Development Method (DSDM) and each chapter discusses the issues arising during the course of this project and how they were resolved to achieve the final result.

  1. INTRODUCTION

  1. COMPANY’S PROFILE

The primary aim for this system is to allow Titlas Ventures Limited, in order to have a more convenient and a more efficient way of accessing their products. At the moment there is no system that provides them with such combined information all at once.

        

This project aims to provide a new system that ensures a more efficient way of viewing information. The database will be built using Microsoft Access, and it will contain products, staffs, customers, orders and suppliers. The purpose of this design and development is to provide a system that will allow Titlas Ventures Limited access their customer details, supplier details, products details, staff details and orders details.

  1. COMPANY’S OPERATION

The Company’s objective is to become a frontline organisation in the retail market distribution in Nigeria. Currently the company represents exclusively reputable international companies, with excellent product image. The products marketed are of high quality with good price-quality ratio. Titlas Ventures limited markets the products to retail outlets, mobile shops, computer shops, corner shops & mini-marts throughout Nigeria. The company has also created a niche in and around the country existing in 29 out of the 36 states of Nigeria.  

  1. PROBLEM DEFINITION

Currently, the company uses the traditional paper based filling system to keep record of all stocks and sales information and also generates invoices and receipts manually. There are a series of problems associated with the current system, amongst are poor data security, data access restriction, lack of data concurrency for multi user capability ,data redundancy, data duplication , poor data storage, data inconsistency, poor data integrity and inability to share data amongst users.

  1. PROJECT AIMS

This project aims to analyse and design a stock database system for a rapidly increasing small enterprise called Titlas Ventures Limited, which imports Solar Mobile Chargers from China to Nigeria in large quantities. They sell them Solar Mobile Charges to both wholesalers and retailers in small quantities.

The main technology that is to be used in deriving the end result of this project is Microsoft Access. The final report will be divided into relevant sub-topics following the stages of Dynamic System Development Method (DSDM).

The main object of the system is to notify the administrator when stock is running low, a re-order level will be set, and the system will then generate an order for the items required to the supplier. The system will adopt a "Just in Time" method of approach to business. The goods will only be ordered when stock is running low. This method will be used because it is very cost effective i.e. it does not tie down the company’s capital. This method also ensures that the company has ranges of product in stock at all times.

In order to realise this aim, the following objectives have been identified:

  • Define and state the objectives of Titlas Ventures operate.
  • Investigate and analyse the problems of the business.
  • Produce a detailed requirement analysis of the domain.
  • Define and review all current technologies applicable to the system, then choose the most appropriate for the proposed system.
  • Produce a detailed feasibility study
  • Design and implement a fully tested and operational stock control system with constant feedback from and to the client.

  1.  OVERVIEW OF THE SYSTEM

To get an understanding on how the system works an interview was booked with the manager which was in the UK in the UK Branch. From the interview, an insight into how the company operates was gained. The manager was able to explain the requirements of the company.

After understanding how the current system operates, we were able to the key pieces of data contained within the business. Titlas Ventures Limited deals with a variety of solar mobile chargers; each charger is uniquely identified by the product name and product code.

  1. CURRENT SYSTEM

At the moment, the company uses a traditional paper based filling system to keep record of all stocks and sales information. Due to limited promotional resources, the products have not been well advertised. The current medium of advertisement is “Word of Mouth” and giving out samples to prospective customers.

Secondly, when customers come into the warehouse to buy the solar mobile chargers, the shop assistant has to manually look in a book which contains the price list to enable him/her quote the right price to the customer.

Thirdly, the stock management and control are paper based, so at any point in time when stocks needs to be done, the solar mobile chargers have to be manually counted. Also, when a customer comes in to buy bulk of solar mobile chargers, the assistant has to go to the warehouse to check for availability of stock before finalising a sale.

  1. PROBLEMS ASSOCIATED WITH CURRENT SYSTEM

        

Poor Data Security & Access Restriction: In the traditional paper based filling system adopted by Titlas Ventures Limited, There is no data protection/security guarantee. Due to this problem of securing data, all Titlas Ventures Limited employees can’t view and edit files in the filling cabinet. There is also no access right restriction to what each employee has access to.

Data Redundancy & Data Duplication: As a result of the company keeping different file records, this has led to some data being duplicated and redundant. There is a different cabinet for the sales and account files, hence different stock levels are recorded in each book everyday and this causes a discrepancy in the data.

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Small Work Force Resulting To Data Inconsistency: There is either just one person in the warehouse or two. This causes a problem as when the warehouse is busy and there are a lot of customers waiting to be served, the employee just scribbles down the product sold and quantity down on a piece of paper, with the intension of writing it in the sales notebook later, sometimes the paper gets misplaced and this causes data discrepancy and inconsistency in quantity left.

Poor Time Management: The current system is very slow as it involves manual processes. Time is wasted ...

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