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Stave & Hoop Bottle Shop. Inventory Control System S.N.S. Systems Riley Schiefelbein, Jason Nicol, Austin Schwai. Stave and Hoop Background. Current inventory system: Outdated Manual pricing No automation Inventory checked annually Receiving inventory is time consuming and inefficient
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Stave & Hoop Bottle Shop Inventory Control System S.N.S. Systems Riley Schiefelbein, Jason Nicol, Austin Schwai
Stave and Hoop Background • Current inventory system: • Outdated • Manual pricing • No automation • Inventory checked annually • Receiving inventory is time consuming and inefficient • (as a result) On-hand inventory lacks accuracy • Annual inventory counts are time consuming
Benefits of Proposed System • Proposed system: • Provide sales reports • Daily, weekly, monthly, yearly • Suggested markup price calculator • 10% random inventory check (monthly) • Integration with monthly vendor deals • Compare past and present deals
Benefits of Proposed System • Proposed system: • Provide trend analysis • Daily, weekly, monthly, yearly • Manage vendor information • Incoming price notification • Scannable Inventory
Technical Feasibility • System components • Wasp Point of Sale Starter Kit • Price scanner • Register • Receipt printer • Product scanning software*
Technical Feasibility • System components • Customized desktop computer • Windows Vista – Business Edition • 20 inch LCD monitor • Additional Wasp pre-printed labels • S.N.S. Systems customized business software
Economic Feasibility • Breakdown of one time costs
Economic Feasibility • B.E.P • 3.6 years • Total value of benefits • $14,000 after 5 years
Economic Feasibility • Total cost • Approximately $10,000 • Recurring costs • Approximately $250 a year • Benefits • Reduces labor costs • Improved efficiency
Legal Feasibility • Updating an outdated system • No foreseeable legal issues • Client is established and responsible • Our system is not responsible for ID verification
System Development • Anticipated schedule – about 6 months • Gantt Chart
System Development - DFD • Level - O
Testing & Implementation • During development – ongoing beta testing • “Out with the old, in with the new” • Parallel – “paper now” is exclusive from digital later
User Training and Support • About one week for training • User will be provided with detailed documentation • Phone support will be available • Each employee will be given a walkthrough
Closing Remarks • The proposed inventory system will greatly benefit Stave & Hoop • Better time utilization • More accurate • Relatively inexpensive • Easy implementation