Abstract
This study aims to determine the impact of variables on the amount of time it takes to order inventory and how supply chain performance can be improved in the company. The paper also encompasses the discussion in which the methods of managing inventory in an organization and minimization of expenses related to stock are highlighted. Moreover, the study discovers the effect of product demand pushed from the consumer end and selling plans on procuring material or inventory stock. In order to conduct the research, a deductive research approach has been utilized through which the variables are being elucidated, and an association between the variables is established to grasp the outcomes. As the data is collected through questionnaires and survey forms from the workforce of the company, the research method has been used quantitative method, and it has assisted in concluding the problem and proposing recommendations. Additionally, the study has also facilitated an understanding of the return on investment that can be attained by restocking the inventory at the warehouse to satisfy customer needs within due time.
Subject
Plant Science,Ecology, Evolution, Behavior and Systematics,General Chemistry,Industrial and Manufacturing Engineering,Mechanics of Materials,Ceramics and Composites,General Earth and Planetary Sciences,General Mathematics,Literature and Literary Theory,Linguistics and Language,Anthropology,History,Language and Linguistics,General Medicine,Geochemistry and Petrology,Geology,Complementary and alternative medicine,Plant Science,Drug Discovery,Pharmacology,Law
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