Free

Fishbowl Inventory Control Solution - Research Paper Example

Comments (0) Cite this document
Summary
The reporter remarques that the Fishbowl inventory software is an inventory-based management solution typical of small and medium-sized businesses that aim at tracking their inventories, control of their orders, and the integration of their services with QuickBooks…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.9% of users find it useful

Extract of sample "Fishbowl Inventory Control Solution"

Fishbowl Inventory Control Solution Fishbowl Inventory Control Solution The Fishbowl inventory software is an inventory-based management solution typical of small and medium-sized businesses that aim at tracking their inventories, control of their orders, and the integration of their services with QuickBooks. There are critical components that need consideration for the implementation and practical use of the software in the company (Bozalek, 2013). They include importing the customers’, vendors’, and inventory details from the existing packages into the QuickBooks. Additionally, it requires setting up the users, customizing the reports, and integrating the QuickBooks with the other applications used by the third parties to align the industry with its particular needs.
Testing
During the testing process, there will be a utilization of use cases to ensure that there exists maximal functionality of the system. Such cases include the Log on and the Shut down among others. The purpose of the cases is to facilitate communication among the users, understand various requirements, and provide the prototype test cases. User involvement is vital to the testing and implementation of the technology into the company. For maximum participation among the users, it is paramount to involve them as early as the development of the cases starts. The situation will enhance their understanding and minimize time wastage when dealing with the clients. In this case, the immediate program manager will sign off to ascertain the testing of this novel technology. The company needs a development and a production environment since it is an emerging business. However, with time, there is a need to involve such an environment.
Training
In this context, the company employees are few, meaning that all of them require training to maximize the available resources. Further, training all the employees will ensure that they acquire the much-needed skills to help one another in the delivery of the company services. However, there will be an emphasis on those that interact with the technology on a daily basis. The training will commence mid the nest week on Wednesday the 24 2015 at the company’s boardroom. During the training, special applications will be of help to guarantee an adequate training the acquisition of the technical skills that require an emphasis (Sun-Mee & Munoz, 2014). For instance, the distinct applications intended for use include; customized videos and consultant training sessions.
Implementation
The best-proposed schedule for the implementation of this technology into the company will take from two weeks at a minimum to a maximum of three months. The period will ensure a mastery of the skills required for efficient working of the employees within the company. Prototyping will be the best way to go since it offers a broad range of applications and integrates the newest technologies in the contemporary market (Quinn, 2014). The use of the prototypes will allow proper ways to test and ensure that the technology is fit for the company. Since the training will take a span of time to complete, there will be a phased approach to the implementation of the technology. The situation will allow the employees to run the new technology alongside the old practices to ensure that they have what the company requires for success. After the completion of the entire testing, training, and implementation, the CEO will sign off the exercise and set off the system to go live.
References
Bozalek, V., Gachago, D., Alexander, L., Watters, K., Wood, D., Ivala, E., & Herrington, J. (2013). The use of emerging technologies for authentic learning: A South African study in higher education. British Journal of Educational Technology, 44(4), 629-638.
Sun-Mee, K., & Munoz, M. J. (2014). Preference for Online Communication and Its Association with Perceived Social Skills. Individual Differences Research, 12(4-B), 198-208.
Quinn, A. E. (2014). Effective Communication in a Time of Connectivity: An Interview with Dr. Beverly Helms. Delta Kappa Gamma Bulletin, 80(3), 6-10. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Fishbowl Inventory Control Solution Research Paper - 1”, n.d.)
Fishbowl Inventory Control Solution Research Paper - 1. Retrieved from https://studentshare.org/information-technology/1698065-writers-choice
(Fishbowl Inventory Control Solution Research Paper - 1)
Fishbowl Inventory Control Solution Research Paper - 1. https://studentshare.org/information-technology/1698065-writers-choice.
“Fishbowl Inventory Control Solution Research Paper - 1”, n.d. https://studentshare.org/information-technology/1698065-writers-choice.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Fishbowl Inventory Control Solution

Inventory Planning and Control Systems

...?[Type the company Operation Management Inventory Planning & Control abc TABLE OF CONTENTS …………………………………………………………………………………………………………………………… 1 Definition …………………………………………………………………………………………………………………………. 2 Reasons for holding inventory ………………………………………………………………………………………….. 2 Costs associated with holding inventory……………………………………………………………………………. 3 The need for inventory planning and control ……………………………………………………………………. 3 Problems related with inventory management ………………………………………………………………… 4 Solutions …………………………………………………………………………………………………………………………. 6 Conclusion ………………………………………………………………………………………………………………………. 8...
12 Pages(3000 words)Research Paper

Quantitative Decision Making-Inventory Control Models

...?Quantitative Decision Making-Inventory Control Models Managing sufficient inventory levels is a tricky issue, which managers need to handle without putting at risk cash efficiency. It is a question of balancing act as per the company needs by balancing the necessity to minimize inventory cost to the vehicle. It is seen that inventory cost takes a jump upward with the availability of the vehicle. On the contrary no cost reduction occurs if huge inventory is maintained as per the increased transport availability rate (Skipper 1). Inventory control is just like making a target of the moving thing. Certain...
2 Pages(500 words)Essay

Inventory Control Methods

...Inventory Control Methods Table of Contents Table of Contents 1 Introduction 2 Statistics in Business 3 Six Sigma 3 Statistics in Inventory Control 5 Use of ABC Method 5 Information Technology (IT) in Business 6 Information System in Inventory Control 6 Business Intelligence (BI) Tools 7 Information Technology (IT) in Supply Chain 9 Conclusion 12 Works Cited 13 Introduction In present day context, majority of business enterprises confront the challenges of using vast amount of data. The business data not only comprises of simple databases but also include information regarding e-mails, customer calls, messages, and other files which...
9 Pages(2250 words)Research Paper

Inventory Management and Logistics Control at Pfizer

...?Inventory Management and Logistics Control at Pfizer Established in 1849 and operating in majority of the countries all over the world, American pharmaceutical company Pfizer is currently the world’s largest research based pharmaceutical company. Even though recent financial crisis affected many of the prominent American companies, Pfizer seems to be unaffected by it. “Pfizer Inc. (NYSE: PFE) on Tuesday, May 4, 2010 has reported that the first-quarter 2010 revenues were $16.8 billion, an increase of 54% compared with $10.9 billion in the year-ago quarter” (Pfizer Reports First-Quarter 2010 Results; Reaffirms 2010 Financial Guidance, 2010, p.1). Moreover, Adam (2011) pointed out that “The company profits...
5 Pages(1250 words)Research Paper

Inventory Control System

... Just as business experts have suggested, the best warehouse is an empty warehouse, with the inventories being delivered just in time. Since every business endeavors to maximize profit, and since proper inventory management results to the achievement of this endeavor, this study is definitely an interest among businessmen. We have started the study with a query on how to improve the overall inventory system and controls within the organization. To answer our general query as well as the specific inquiries, we employed an effective methodology. In this study we have found out that the online inventory software is the most useful, effective and cost-efficient. This study reveals that companies should modernize their inventory system... ...
25 Pages(6250 words)Dissertation

Business Inventory control

...Business inventory control Inventory analysis and control for an organization is a planned approach of determining what to order, when to order, how much to order and how much to stock so that the costs associated with buying and storing without interrupting production and sales (Kumar, 2006, pg: 67). Inventory control basically aims at finding answers to address two basic problems: a. When should an item from the inventory be ordered? b. How much an item should be ordered? If a firm maintains a large inventory, goods can be made available to quickly to customers. However the same leads to high storage and maintenance costs. At the same time, very less amounts of inventory will lead to order not being fulfilled and customer... ...
2 Pages(500 words)Essay

Inventory

...Inventory Inventory This work reviews the current forecasting strategy of the company as it prepares to meet the requirements of demand and capacity for its planned future. As it makes a review of the current forecasting strategy, it will seek to give a forward for the, however, ties directly to the overall strategic planning methodology already established by the company. From the history of the company, it has used the time series method in its forecasting processes since its inception. The forecasting methods that are to be considered in this paper are: Qualitative: it involves human judgment, and it receives application when little data is available Simulation: it involves the using the judgment of a...
2 Pages(500 words)Essay

Inventory

...Week Three Exercise Assignment Inventory Inventory. Inventory valuation methods: Basic computations. The January beginning inventory of the White Company consisted of 300 units costing $40 each. During the first quarter, the company purchased two batches of goods: 700 units at $44 on February 21 and 800 units at $50 on March 28. Sales during the first quarter were 1,400 units at $75 per unit. The White Company uses a periodic inventory system. Using the White Company data, fill in the chart that follows to compare the results obtained under the FIFO, LIFO, and weighted-average inventory methods. FIFO Method: Units $ $ Jan...
1 Pages(250 words)Assignment

Module 4; APPLIED DECISION METHODS; Discussion Inventory Control Models

...Does the company take advantage of the volume discount? Wal-Mart always puts into consideration volume price cut. There reward aims buyers who purchase in plenty. As an illustration, the prices of grocery at Wal-Mart have reduced by fifteen percent. Consequently, this has increased the number of purchases. As a result, there has been significant increase in purchases. Provide examples of carrying costs associated with inventories? Carrying cost is the price of possessing inventory. Inventory carrying entails inventory storage and capital cost. In addition, it involves storage and management by the business owners or external vendors. There are numerous carrying costs...
1 Pages(250 words)Essay

Inventory control

...Inventory Control of Institute Periodic Review With Joint Ordering Periodic Review Inventory ControlSystem 2. The order review interval is 2.49 while the target inventory levels are 494, 451 and 713 for 1B-a, 1B-b and 1B-c respectively. The inventory control policy is to place orders every 2.49 weeks and maintain inventory at levels of 494, 451 and 713. 3. The average inventory levels for 1B-a, 1B-b and 1B-c are 224.3, 436.2 and 324.0 respectively. 4. The current average inventory levels are at 360. Apart from 1B-b, the other two have lower optimized average...
5 Pages(1250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Fishbowl Inventory Control Solution for FREE!

Contact Us