Authors :
Mark Anthony M. Anade; Carl Thaddeus C. Calibo; Jerome P. Noveda; Wendell R. Yu; Rommel L. Verecio
Volume/Issue :
Volume 8 - 2023, Issue 10 - October
Google Scholar :
https://tinyurl.com/bdzk4zr5
Scribd :
https://tinyurl.com/5n6ba44u
DOI :
https://doi.org/10.5281/zenodo.10007939
Abstract :
Business success in today's dynamic
marketplace depends on effective supply inventory
management. In this technologically advanced age,
conventional manual methods are no longer sufficient. To
improve accuracy, efficiency, and decision-making
abilities, this study investigates the significance of
technology adoption for efficient inventory management. It
concludes several research studies and emphasizes the
difficulties Small and Medium Enterprises (SMEs) in the
Philippines face and their distinctive inventory
management procedures. The supply office at Leyte
Normal University is the focus of the proposed study,
which aims to create an effective system for managing
inventories. The study uses the action research
methodology to design, implement, and evaluate a
technology-based system that addresses current
inefficiencies. The two-bin system, the just-in-time theory,
and vendor-management inventory are examples of
theoretical frameworks. Surveys using the Likert scale and
open-ended questions will be used to gather data, and the
results will show how the suggested method better satisfies
user needs and increases efficiency. Advanced data
analytics should be used, vendor collaboration should be
encouraged, and customized reporting should be made
possible. This study supports competitive enterprises,
effective educational institutions, and improved inventory
management methods.
Keywords :
Supply Inventory Management, Technology Adaption, Action Research, Efficiency
Business success in today's dynamic
marketplace depends on effective supply inventory
management. In this technologically advanced age,
conventional manual methods are no longer sufficient. To
improve accuracy, efficiency, and decision-making
abilities, this study investigates the significance of
technology adoption for efficient inventory management. It
concludes several research studies and emphasizes the
difficulties Small and Medium Enterprises (SMEs) in the
Philippines face and their distinctive inventory
management procedures. The supply office at Leyte
Normal University is the focus of the proposed study,
which aims to create an effective system for managing
inventories. The study uses the action research
methodology to design, implement, and evaluate a
technology-based system that addresses current
inefficiencies. The two-bin system, the just-in-time theory,
and vendor-management inventory are examples of
theoretical frameworks. Surveys using the Likert scale and
open-ended questions will be used to gather data, and the
results will show how the suggested method better satisfies
user needs and increases efficiency. Advanced data
analytics should be used, vendor collaboration should be
encouraged, and customized reporting should be made
possible. This study supports competitive enterprises,
effective educational institutions, and improved inventory
management methods.
Keywords :
Supply Inventory Management, Technology Adaption, Action Research, Efficiency
