A Study on Inventory Management towards Organizational Performance of Manufacturing Company in Melaka

Abstract

Inventory exists in almost every organization, it is crucial for an organization to have good understanding and strategy about inventory management. Inventory management has significance for an enterprise in an inventory intensive manufacturing industry (Rajeev, 2008). In this research, the researcher aimed to know the relationship between inventory management and organizational performance of manufacturing company in Melaka. Thus, the researchers identified three inventory management strategies, Vendor Managed Inventory (VMI), Material Requirement Planning (MRP), and Just-In-Time (JIT), as the independent variables to investigate the research questions. In order to collect the data and information needed, the researcher used qualitative method as the research methodology. The interviewee is aimed to be the inventory management manager of the target company. The data analysis will be using a deductive approach where all interview questions will be constructed based on the research questions, research objectives and conceptual framework. After the interview is conducted, the researcher will transcribe the script and start analysing based on the answer given by the interviewee.