Paper Title
A STUDY ON PERFORMANCE ON INVENTORY MANAGEMENT WITH REFERENCE TO SRI BALASUBRAMANI INDUSTRIES
Article Identifiers
Authors
Mukesh chowdary N
Keywords
Inventory management , just in time
Abstract
In the manufacturing industry, effective inventory management is essential to both financial sustainability and operational success. This study explores the complexities of inventory management at one of the industry's leading companies, Sri Balasubramani Industries. Using a combination of qualitative and quantitative approaches, including surveys, interviews, and thorough data analysis, the study examines many aspects of inventory management, including procedures related to replenishment, tracking, storage, and procurement. Additionally, it seeks to reveal the subtle effects of inventory management on important performance indicators including customer satisfaction, lead time optimization, and cost reduction. In the competitive environment in which Sri Balasubramani Industries competes, efficient inventory management is a crucial differentiator. By placing inventory management in the context of the business's larger operating structure, the analysis lays the foundation for evaluating present procedures and pinpointing areas for development by highlighting the particular difficulties and opportunities the organization faces. The research gathers information about perceptions, difficulties, and possible bottlenecks in the current inventory management procedures from stakeholders at all levels of the organizational hierarchy, from frontline employees to senior management, using surveys and interviews. The core of this study is data analysis, which includes quantitative measures like the inventory turnover ratio and qualitative information from surveys and interviews. This allows for a methodical assessment of inventory management techniques.
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How To Cite (APA)
Mukesh chowdary N (May-2024). A STUDY ON PERFORMANCE ON INVENTORY MANAGEMENT WITH REFERENCE TO SRI BALASUBRAMANI INDUSTRIES. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(5), e134-e140. https://ijnrd.org/papers/IJNRD2405417.pdf
Issue
Volume 9 Issue 5, May-2024
Pages : e134-e140
Other Publication Details
Paper Reg. ID: IJNRD_221748
Published Paper Id: IJNRD2405417
Downloads: 000121989
Research Area: Commerce
Country: bangalore, karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2405417.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2405417
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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