ASSESSING THE INFLUENCE OF INVENTORY CONTROL MANAGEMENT ON PRODUCTION EFFICIENCY

Abstract

This project investigated into the effects of inventory control management on production efficiency where Blow Plast was used as a case study. Inventory control management is the way one tracks and control his business inventory as it is bought manufactured, stored, and used and governs the entire flow of goods, from purchasing right to sales ensuring that you always have the right quantities of the right item in the right location at the right time. This paper examines warehouse management system (W.M.S) practices and their effects on operations. This study analyses the relationship between the adoption of a warehouse Management System and its impact on business performance and the competitive advantage of a regional distribution centre. In terms of business performance, the focus is placed on various competitive cores of the distribution centre. A quantitative study adopts a questionnaire for data collection. Warehouse Management System, was found to have a positive impact on companies performances on operations management measures. The use of Management Information Systems MIS, wireless barcode embedded WMS specific, it is necessary to have a corporate culture that supports complex operational activities. WMS implementation is crucial in bringing cost reduction at the operational level, effective management at the management level, as well as improvement of the company's competitiveness in the strategic level. Companies that manage the warehousing of their products are expected to implement WMS in order to improve inventory management to maintain a competitive market edge in the global marketplace.