Inventory management practices and its impact on perfomance among manufacturing industry setting in Kulim Industrial Park
This study investigates the impact of inventory management practices on performance within manufacturing settings in Kulim Industrial Park. Its focus on main four inventory management practices which is Real-Time Inventory Tracking (RTIT), Just-In-Time (JIT), Vendor-Managed Inventory (VMI), and Safe...
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| Format: | Thesis |
| Language: | English English |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://etd.uum.edu.my/11363/1/depositpermission.pdf https://etd.uum.edu.my/11363/2/s830192_01.pdf https://etd.uum.edu.my/11363/ |
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| Summary: | This study investigates the impact of inventory management practices on performance within manufacturing settings in Kulim Industrial Park. Its focus on main four inventory management practices which is Real-Time Inventory Tracking (RTIT), Just-In-Time (JIT), Vendor-Managed Inventory (VMI), and Safety Stock (SS). The goal was to evaluate how these practices impacted Inventory Management Performance and offering practical recommendations to enhance operational efficiency and gain a competitive edge in the manufacturing industry. The research adopts a quantitative approach, collecting data through structured questionnaires distributed to 304 employees in various manufacturing firms within Kulim Hi-Tech Park. Proportional stratified sampling divided the population into four industrial phase zones, ensuring that each group was represented in the sample according to its proportion in the overall population. This approach improved the accuracy and representativeness of the study's findings. Statistical analysis usi |
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