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You searched Library Catalogue - Title: 3rd ed.
Call Number (WOU) SP CEMBA 2018 27
Author Liew, York Leong
Title A study on requisition in the inventory management control (spare parts). / Liew York Leong.
Abstract The current inventory management system used in XYZ Pte Ltd is not able to reduce the machine downtime effectively and operating expenses. By wasting company’s resources, the current spare parts inventory control system has leads to low productivity due to the late of spare parts delivery from the suppliers or short of spare parts while machines breakdowns. The low efficient of spare part management control has also lead XYZ to have negative impact on cost reduction in terms of write-offs from obsolete spares and voided warranties and also from additional storage cost and unnecessary capital being tied up with the spare parts. This study is designed to provide the XYZ Pte Ltd a guideline to understand the challenges problem in term of inventory management control in term of spare parts purchasing and requisition. Eventually enable the researchers to rectify the losses caused by the inefficient spare parts control. A theoretical framework with three independent variables (inventory accuracy, inventory replenishment and inventory forecasting) and one dependent variable (Improvement in Spare Parts Inventory Management Control) was formed. Three suggested hypotheses were used to test the relationship between independent variables and Improvement in Spare Parts Inventory Management Control A questionnaire with 33 items and the 5-points Likert scale was distributed manually and online. Convenient sampling was used in data collection.75 respondents from XYZ and various industrials participated in this study. The results indicated that respondents agree the improvement of spare parts inventory management control relies on the inventory accuracy, inventory replenishment and inventory forecasting. Among all, inventory replenishment is the main factor that drives the improvement of the spare parts inventory management control. This study ends with some strategic recommendations to improve the three significant factors, inventory accuracy, inventory replenishment and inventory forecasting in order to improve the spare part inventory management control in XYZ.
Notes Final project report submitted in partial fulfilment of the requirements for the Degree of Master of Business Administration (CeMBA).
Publisher/Year Penang : School of Business and Administration, Wawasan Open University, 2018.
Subject Inventory control -- Malaysia.

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