CHAPTER ONE

1.0   INTRODUCTION

          Introduction of computers in our day to day activities has done a lot in improving the operations of our business world. The online business, different firms that are information technology inclined have implored the benefit of online business to boost their business.

          With the online stock ordering information system, different information are published online as relating to the number of items made available on the site. Individual and companies can order for stock online and have their request delivered to them in shortest time possible.

          The introduction of computer in stock ordering will enable importers know which and where their goods are kept, as it will always be stipulated on the bill of laden papers. Computer is hereby seen as a way of handling, by systematically organizing them, recording or making notations on them, following up with the appropriate action or the likes.

          The stocks are held for various among which are: –

(a)     To ensure unit sufficient goods are available to meet anticipated demand

(b)     To provide a better between production processes. This is applicable to

           work in project stocks which effectively decouple operation.

(c)     To meet possible shortage in future

(d)     To absorb seasonal fluctuation in usage or demand

(e)     To ensure production process to flow smoothly and efficiently

1.1     STATEMENT OF PROBLEM

          Owning to:

(i)      The difficulties people face in transferring information/data

(ii)      Difficulties people encountered when ordering for stock outside their

           immediate environment

(iii)     Time wasted in manual transferring of stock information

(iv)     Important nature of data/information in the growth of any organization

(v)     The urgent need of stock delivering in any organization when requested.

          The need arise for the development of an online stock ordering information system.

1.2           AIMS AND OBJECTIVES

          The aims and objectives of this project are listed below:

To develop software called Online Stock Ordering Information Business System that will replace the manual method of transferring stock information.

To maintain an efficient system of collection, sorting and delivery of stock nationwide.

Increase the operational efficiency and accuracy.

To eliminate the risk involved with the manual method of ordering for stocks or items.

 To save the time wasted with manual method of ordering for stock and items.

To reduce the operational cost.

To permit on-line time stock storage and information retrieval.

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