05 Case Study Report Assignment Sample

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Executive summary

This business report will analyse the contribution of computer based inventory system to figure out the current stocks, sales report, payment of staff and the execution of production system of Andrew’s Snow Ski and surfing company. This report also evaluate the role of Computer gives for analysing significant financial information to influence annual profitability of Andrew’s business.

Introduction

According to case study, Andrew West started to offergreat quality surfing gear to his clients at SurfZone in Bondi to develop a business chain. As an owner, Andrew started to offer both kind of Snow Ski and Surfing items including a lucrative snow ski that would impress the school gatherings and domestic families. This Business report will explore the significance of software inventory that can influence Andrew to expand his customer base within the couple of years.

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This business report will showcase some business opportunity by implementing Computer based inventory system to record and analyse the finance process sales to develop accurate inventory system. In this manner, this report will analyse different usage of the Computer in each store of Andrew would for catching the estimation of sales information by enlisting subtle elements.

This business report will help Andrew for catching up the customer’s points of interest that would help the store administrator to collect and measure all sales reports. In which way, PC would help the store manager to reviewthe stocksthat has been sold yet for measuring the level existing stock will also be evaluated in this report(Boone, 2016).

Role of computer in Business

05 Case Study Report Assignment

The inventory software is capable to determine every financial statements for developing accurate and errorless balance sheet. In spite of the fact that without the contribution of computers, the revaluation in corporate industry could not be emerged. Andrew can optimise different types of financial stamens such as customer details, sales information, marketing stock sheets, cash flow statements and stock reports to accurately calculate the wages of employees(Knod and Schonberger, 2016).

Computers can operate and maintain long-term process within a reliable time. In other words, Andrew can safe lots of time by applying the inventory software within the stores to control different aspects like sales, credit control and budget. The inventory software application of computers includes a format of dashboard to forecast the sales that can be visible on single electronic page. Conclusively, the implication of inventory software application also includes invoicing, ledger maintenance and computation of wages.

Impact of inventory software

05 Case Study Report Assignment sample

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Inventory software application can help Andrew to resolve different issues like customers purchasing dates, amount paid by customers support by analysing valuable information of sales representatives (Sherman and Zhu, 2014).Inventory software application in computers can conduct accurate count of wages to electronically calculate the payment of staffs in each store.

Thus, the execution of the Computer application in three stores can help Andrew for analysing accurate sales information including client’s points of interest, and stock informationto implement effective financial strategy. Computers and inventory software help the Company to make accurate sales estimation for controlling production process(Wood, 2014). Another vital component of inventory software application includesa detailed inspectionof the sales, budgetary control and control of creditors.

With the support of inventory software, Andrew can execute every progressions of existing three stores that would help him to open further six new stores within following three years. According to case scenario, every upcoming store includes a procurement ofthe cash register machine that can be replaced by inventory software. In other words, the execution of inventory softwarehelps to forecast sales information without the money register machine. Moreover, Ski To zone and Andrew can retain huge amount of funds by implementing the inventory software(Wood, 2014).

Recommendation

The implication of computer inventory helps to modernize entire financial process for decreasing the measure of time within every portion of the business process of Andrew. In other words, Andrew needs to apply the computer inventory software for processing sales reports including stock records. Successful installation of computer inventory includes a great opportunity to record and measure different financial processes, sales and employee salary.

It is strongly recommended that Andrew needs to focus on inventory software to operate additionalsix further stores withincoming three years.By implementing the inventory software each stock report can be recorded including the utilization of stock card. Besides that, the new inventory software includes cards accessibilityamong new stock and subtle elements of units that are been sold at the end of each exchanging day.

The inventory software also covers advertising off stock sheets and consequently that are not exceptionally correct in manual mode. The physical check is required to know the current level of the stock(Lewis, 2012). The implication of inventory software will help Andrew for making smarter moves to comprehend what is the current status of stock in every stores.

Successful installation of inventory software helps Andrew to focus on the client restore process from collecting sales records including the copy of the docket and the account information of Mastercard user customers. Along with that, Andrew can achieve his mission to open three new stores within coming three years by adopting advanced technology as computer based inventory system.

Conclusion

This business report indicates that, Andrew can only live his dream by implementing the inventory software application that also helps to analyse current stocks. In addition, various applications of the inventory software were already explained in this business report along with proper arguments and justification.

According to case scenario, Andrew needs to adopt the inventory software to calculate the sales report after each trading day including the customer’s details to make his dream come true. Despite the fact that, Andrew has a desire to open three branches or stores that only can be possible through successful installation of the inventory software application. In conclusion, Andrew needs to adopt technological advancement for effective implementation process of inventory software for expanding the business into larger context. Similarly, Andrew cannot meet his desire without focusing on the inventory software application powered by Windows.

References

Boone, J. (2016). Radar training facility. Washington, D.C.: U.S. Dept. of Transportation, Federal Aviation Administration,.

Knod, E. and Schonberger, R. (2016). Operations management. Boston: McGraw-Hill/Irwin.

Lewis, C. (2012). Demand forecasting and inventory control. New York: Taylor & Francis.

Sherman, H. and Zhu, J. (2014). Service productivity management. New York, NY: Springer Science.

Wood, J. (2014). IT Auditing and Application Controls for Small and Mid-Sized Enterprises. Wiley.

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